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Multilateral and multi-spatial presidential diplomacy is a novel phenomenon characterizing the foreign policy of South American countries. This article deals with the meaning and efficacy of Presidential Summits, especially emphasizing their economic dimension. To do so, it analyzes the four regional spaces in which Presidential Summits take place: the hemispheric, Ibero-American, bi-regional (with the European Union), and South American, the latter of which increasingly coincides with enlarged MERCOSUR.

La compleja red de cumbres presidenciales. Reflexiones sobre la diplomacia presidencial multilateral y multiespacial en América del Sur