Evaluating Mercosur’s Regulatory Evolution: Alignment with Sustainable Development Goals and New International Trade Issues

Authors

DOI:

https://doi.org/10.37497/2965-7393.SDGs-Countries.v6.n00.58

Keywords:

Mercosur, Sustainable Development Goals, International Trade, Regulatory Analysis, Institutional Development

Abstract

Objective: This study aims to assess the regulations approved by the Common Market Council of Mercosur from 1991 to 2021, focusing on their alignment with new international trade issues and the United Nations' Sustainable Development Goals (SDGs).

Method: The research employs a qualitative approach, analyzing 1,047 decisions through thematic classification and examining their validity and relation to the SDGs. Data was sourced from the public database of the Mercosur Secretariat and categorized into various areas and sub-areas.

Results: The study reveals a shift in Mercosur's regulatory focus over three decades, with an increasing emphasis on institutional and political areas. The findings highlight that while the economic and commercial regulations have decreased in relevance, the institutional area has become predominant. Additionally, the study identifies that many decisions are directly or indirectly aligned with the SDGs, particularly in areas such as international cooperation and other integration processes. However, a significant portion of economic and commercial decisions remains unimplemented, reflecting challenges in achieving Mercosur's original economic objectives.

Conclusion: The research concludes that Mercosur has progressively incorporated SDG-related regulations and new international trade issues. Despite the unfulfilled economic and commercial goals, the bloc's evolving regulatory landscape indicates potential contributions to sustainable development, contingent on maintaining the current dynamic and addressing implementation challenges.

Author Biographies

Ignacio Bartesaghi, Universidad Católica del Uruguay

Postdoctoral degree in Economic Integration, PhD in International Relations, Master’s degree in International Relations. Director of the Institute of International Business at the Catholic University of Uruguay, and a member of the National Research System of the National Agency for Research and Innovation.

Natalia De María , Universidad Católica del Uruguay

Master’s degree in International Relations from the University of the Republic - UDELAR (Uruguay), Bachelor’s degree in International Business and Integration from the Catholic University of Uruguay (UCU), PhD candidate in International Relations at the Complutense University of Madrid (Spain). Researcher at the Institute of International Business at the Catholic University of Uruguay, full-time professor at the same university, and coordinator of the Final Degree Workshops of the Faculty of Business Sciences at UCU. Member of the National Research System of Uruguay.

Natalia Melgar, Universidad Católica del Uruguay

PhD in Economics from the University of Granada, Spain. Currently, she is an Associate Professor and Researcher at the Institute of International Business at the Catholic University of Uruguay. Her research areas primarily focus on international trade, attitudes toward international trade and protectionist policies, productive complementarity, international relations, and integration processes. The outcomes of her research in these areas are published in high-impact international journals.

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Published

2024-05-06

How to Cite

Bartesaghi, I., María , N. D., & Melgar, N. (2024). Evaluating Mercosur’s Regulatory Evolution: Alignment with Sustainable Development Goals and New International Trade Issues . Review of Sdgs in Emerging Countries, 6(sdgs), e058. https://doi.org/10.37497/2965-7393.SDGs-Countries.v6.n00.58