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Regional Integration in Latin America - The Pacific Alliance a Way Ahead
Journal Articles, Spanish

The Pacific Alliance Eight Years after Its Creation. Critical Balance and Perspectives

Abstract:
Eight years after the Declaration of Lima (April 28, 2011), the Pacific Alliance continues to generate international interest. This integration mechanism emerged in a context of the transition of the global economy to a multipolar world, in which East Asia, led by the People’s Republic of China and Japan, has acquired a more significant economic role. In these circumstances, the Alliance was created as a new regional integration mechanism, which pursues a double objective: integration among its members and projection to the world, especially towards Asia-Pacific.

This article seeks to analyse and characterise the Pacific Alliance and to question the potential of this integration mechanism as to fulfilling its double objective by creating synergies between the different aspects that integrate it, and becoming a cooperation platform and a new integration model for Latin America. For this, in the first section, it summarises the most important milestones of the Alliance and its main initiatives. In the second section, it addresses the debate regarding its objectives and characterisation as a regional integration mechanism. The third section examines the expectations generated by the Alliance in terms of intra-regional and extra-regional integration and the conditions necessary for its success. The fourth section discusses the perspectives of this mechanism in light of recent events and changes in the global economy.

Resumen:
A ocho años de la Declaración de Lima (28 de abril de 2011), la Alianza del Pacífico sigue suscitando interés internacional. Este mecanismo de integración surgió en un contexto de transición de la economía global hacia un mundo multipolar, en el cual Asia del Este, liderada por la República Popular China y Japón, ha adquirido un mayor protagonismo económico. En este contexto, la Alianza se creó como un mecanismo de integración regional novedoso, que estableció un doble objetivo: integración entre sus miembros y proyección al mundo, en especial hacia el Asia-Pacífico.

Este texto se propone analizar y caracterizar la Alianza del Pacífico, e interrogarse acerca del potencial de este mecanismo de integración para: 1. cumplir con el doble objetivo que se propone, creando sinergias entre los distintos aspectos que lo integran; y 2. transformarse en una plataforma de cooperación y en un nuevo modelo de integración para América Latina. Para ello, resume en la primera sección los hitos más importantes de la Alianza y sus principales iniciativas. En la segunda sección, aborda el debate relativo a sus objetivos y caracterización en tanto mecanismo de integración regional. La tercera sección se dedica a las expectativas que generó la Alianza en materia de integración intrarregional y extrarregional y a las condiciones necesarias para su éxito, mientras que la cuarta sección discute las perspectivas de este mecanismo a la luz de acontecimientos y cambios recientes en la economía global.

Author: Geneviève Marchini

Spanish Title: La Alianza del Pacífico a ocho años de su creación. Balance crítico y perspectivas

Full document: 2019, Marchini, La Alianza del Pacífico a ocho años de su creación. Balance crítico y perspectivas

January 15, 2017by Ana Maria Palacio

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Hello my name is Ana Maria Palacio. I have a PhD from the University of Melbourne. This blog is about my thesis project, the Pacific Alliance.

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