View all posts filed under September, 2009

Throughout the world there is an upsurge of regional, ‘sub- national' movements whose demands range from greater ‘autonomy' to complete independence. Many analysts have commented on the apparent paradox of increasing global integration of economies and the increasing fragmentation of nation-states.

The current world recession and the potential recovery of some countries reveals all the weaknesses of the traditional “export market” – free trade - comparative advantage doctrines. Nowhere is this more evident than in the recent experience of Latin America.