How regional organizations cope with recurrent stress: the case of South America

Abstract

Barely 15 years after the 2008 financial crisis and in a context of rising nationalism, regional organizations are facing multiple challenges. This article introduces an analytical framework that systematizes stressors and identifies characteristics that might help regional organizations to cope with stress. It draws on psychological models of how individuals cope with stress to explore how regional organizations grapple with a sequence of stress situations. Stress factors can aggravate pre-existing problems in regionalism and contribute to regional disintegration. But they can also trigger counter-reactions and strengthen the resilience of regionalism. To substantiate our arguments, we study the repercussions of two recent crises for South American regionalism: the political crisis in Venezuela and the Covid-19 pandemic.

Covid-19; disintegration; regionalism; South America; Venezuelan crisis; stress