ABSTRACT
Latin American regionalism has experienced transformations that reflect the changing political reality of the subcontinent and the way systemic factors have shaped the international strategies of the countries of the region after the end of the Cold War. The emergence of a post-hegemonic regionalism does not mean that capitalism, liberalism and trade-related forms of integration cease to exist or to move the regional agenda. Open regionalism and the new economic regionalism stopped being hegemonic. Compared to the issues that were being debated at that time in the South American Community of Nations, Mercosur, and Bolivarian Alternative for the Americas, the Pacific Rim Initiative’s agenda was more anchored in the new/open regionalism agenda hegemonic in the 1990s. The scenario of Latin American regionalism in the last decade shows an obvious complexity that could hardly be simplified by arguing on a continental divide of Atlantic vs. Pacific.
