PAN-AMERICAN INTEGRATION − STRATEGIC DIRECTION OF THE U.S. POST-CRISIS DEVELOPMENT

Abstract

Annotation. The paper deals with driving forces, vector orientation and mech-
anisms of realization by the U.S. a Pan-American integration strategy in the post-
crisis period. U.S.-Latin America cooperation in such areas as international trade,
foreign direct investment, and labor migration was analyzed. Gradual creation of
free trade areas with South American countries, which will prompt non-member
countries to seek cooperation and integration with the U.S. was determined as the
main mechanism of the U.S. Pan-American integration strategy.
Key words. Global economic crisis, regional economic integration, regional
integration block, Pan-American integration strategy, Latin American region.