By Collin Constantine (Kingston University) and Johanna Renz (University of Oxford)
A powerful core and a powerless periphery 鈥� these are features of the European Monetary Union (EMU). The union has gone much further than Latin America and the Caribbean (LAC) in its integration efforts and has suffered from a severe economic crisis. Since LAC鈥檚 economic integration is still ongoing, it can and should learn from the EMU鈥檚 mistakes before it is too late.
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