This paper aims to explore the lack of institutional and macreconomic coordination among Mercosuru27s members and its effects on Mercosuru27s primary goal to successfully achieve economic integration in the region. Using the framework presented by Dorruci, Firpo, Fratzscher and Mongelli (2002), who argue that this lack of coordination has been Mercosuru27s most detrimental downfall, I show how this lack of institutional integration among Mercosur nations has inhibited further economic integration in this sector of Latin America.
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