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

Colombia in View of the Renewed Regionalism: the Pacific Alliance

Abstract:
The Pacific Alliance is an original integration mechanism adjusted to specific historical peculiarities of the region and of the founding states. It also shares some features with certain regionalism indications, especially with the open regionalism that characterized the 90s of the XX century. For this reason, The Pacific Alliance is presented as a renewed and updated regionalism, which is considered of deep integration. Economic internationalisation through the incorporation to new markets is one of the elements shared by the four founding states: Mexico, Colombia, Peru, and Chile. These countries control more than half of the Latin American foreign trade. Nevertheless, by carefully analyzing this matter, it is possible to observe that countries such as Peru and Colombia are left behind with respect to Mexico and Chile, even when compared to other countries of the region. Commercial agreements –especially The Pacific Alliance– are presented as an important opportunity for the Colombian strategy to reach economic internationalization, but it is important to overcome the exporting isolation and dependence of the country in order to maximize its potential benefits. It was evidenced that Colombia is commercially left behind when compared to the other members of the Alliance, especially Mexico and Chile.

Resumen:
La Alianza del Pacífico se presenta como un mecanismo de integración regional novedoso, ajustado a ciertas particularidades históricas de la región y de los Estados fundadores. Pero también, como proceso de integración comparte características con ciertas formas del regionalismo, especialmente con el regionalismo abierto característico de los años 90 del siglo XX, por lo cual, la Alianza del Pacífico se presenta como un nuevo regionalismo renovado, actualizado y autodenominado de integración profunda. La internacionalización económica por medio de inserción a nuevos mercados, es uno de los elementos que comparten los cuatro Estados fundadores: México, Colombia, Perú y Chile. En su conjunto estos países acaparan más de la mitad del comercio exterior latinoamericano.
No obstante, analizando en detalle se observa que países como Perú y especialmente Colombia, se encuentran un poco rezagados en dicha materia con respecto a sus similares de México y Chile, incluso si se mira a otros países de la región. Los acuerdos comerciales y en especial la Alianza del Pacífico se presenta como una importante oportunidad en la estrategia colombiana de internacionalización económica, pero se debe superar el aun aislamiento y dependencia mono exportadora del país, con el fin de maximizar los beneficios potenciales que estos presentan, ya que se evidencia un importante rezago de Colombia en términos comerciales con respecto a los demás miembros de la alianza, especialmente frente a México y Chile.

Authors: Lisbeth Katherine Duarte Herrera, Carlos Hernán González Parías, Diego Alejandro Montoya Uribe
Spanish Title: Colombia de cara al nuevo regionalismo renovado: la Alianza del Pacífico
Full document:2014, Duarte et al, Colombia de Cara al Nuevo Regionalismo Renovado- la Alianza del Pacífico

April 10, 2016by 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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