Latin America and the economical crisis

As a country bordering the US we know we depend on them, but we aren't the only ones. A great number of Latin American countries depends on trade with the United States. And for that matter we are, and will continue to be, completely affected economically by the crisis that is upon the USA.

Via the NAFTA, border with USA, and other agreements we are supposed to be the most affected. For our bad luck, decisions, position of the globe and other characteristics, we are expected to be in Mexico one of the lowest increased growth in the world over the next year this being with a 1.9% while all the other latin american countries are expected a 3%.

To help their economy boost up, a number of countries of Latin America have come together in the form of the Latin American Pacific Arc and are hoping to improve trade and investment with Asia. This is a great option as it opens a new pad for trading and help by getting an income from other than the United States.

But, besides of this measures taken by the LA countries other concerns arose in the Mercosur (south trading market) as they imply that a numerous group of countries don't make trading easy as they built up trading barriers against their neighbors as the crisis keep developing. Fear to worsen their situation or what could it be is my question? I think that in these concerns they should gather and form regional alliances and unify to make a more solid image so the other countries can feel more secure to trade with them. Let's hope that the greatest economical power country in these area which is Brazil doesn't feel so threaten by its neighbors.