| Publication |
2012.
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| Summary/Abstract |
In the 1990s regional economic integration regained popularity as a means for promoting sustainable economic development in the developing world. Latin America, where market liberalisation and pro-market presidents proliferated in that decade, emblemised this belief. Even today, when pro-state intervention governments are on the upswing, the rhetoric of economic integration continues. Yet integration schemes are faltering. This article presents a case study to demonstrate that neither markets nor political will of leaders can produce successful economic integration unless the politics of integration have been favourably resolved. Chile best exemplifies this situation. Chile's lessons learned through their natural gas and energy development model serve as an excellent prism for analysing the political economy of regional economic integration and speculating on what types of regional energy integration schemes can work best.
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