Europe 92 and the Latin American economy

This article analyzes the economic effects which the Europe of 1992 could have on the countries of Latin America. It examines the main factors which led to the signing of the Single European Act in 1985, such as the loss of competitiveness of the European economies, the slow recovery of the European Economic Càimmunity (rrc) after the two oil crises, and the rigid politico-institutional system of the Community.