Why was regionalism a political problem for latin america

In fact regionalism can be seen as a problem or as a solution In Latin America, it depends on your point of view. Because it has resulted in a policy of regional integration into globalization through a more dynamic market economy with the aim of building closer ties with third parties, as well as defending Western democratic regimes. These initiatives have begun to converge with neoliberal policies that are quite visible in countries such as Argentina, Brazil, Uruguay, Paraguay, Chile, Bolivia, Ecuador, Venezuela and Colombia through privatizations of state-owned enterprises, economic deregulation and unilateral liberalization of foreign trade.

international economic development agencies harm poorer nations by encouraging them to serve as exporters to wealthier nations.