Latin American Union

Paper Summary:

This paper discusses the rationality of creating a social institution for Latin American countries, resembling the mechanisms of the European Union. The paper starts by discussing the role of international institutions and organizations in the present world order. Next, the paper provides a complete, yet concise, review of literature relevant to the discussion and then provides the rationale for the creation of a social institution in Latin America. The paper argues in favor of such an institution's formation by revealing the failures of the international institutions and global organizations and by highlighting the dilemmas of the national governments in the present world order. Lastly, the paper provides a brief, yet concise mechanisms of the social institution that will assist the Latin American countries in resolving the present discrepancies and problems confronting them.

Table of Contents
Abstract
Introduction
Review of Related Literature
The Rationale for the Creation of a Latin American
Social Institution
An argument in Favor of the Creation of a
Latin American Social Institution
The Possible Mechanisms of the Latin American
Social Institution
Conclusion

From the Paper:

"The thought of creating an international social institution in Latin America, resembling The European Union structure needs careful examination as it is clear from the above mentioned facts that research and study on this subject is neither very extensive nor very comprehensive. However, before we assess the justification and the possible working structure of an international institution in Latin America, it is imperative we briefly review the theories pertaining to this subject so that we may be able to clearly evaluate not only the workings of the Latin American social institution but also the fundamental reasons and motivations underlying such a development."

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