Union of South American Nations experience different levels of privations arriving, in extreme cases, to the absolute poverty. However, it is necessary to emphasize that poverty in South America has been reduced in a surprising way, especially in the Southern Cone and North of South America. Today, thanks to the development of many South American nations, it has allowed the world, their eyes on some governments, even forming part of economic blocs like G20 and BRICS. Although this reality is common to the entire South American group, the countries of the so-called Southern Cone (Argentina, southern Brazil, Chile, and Uruguay) present more positive socioeconomic data
Union of South American Nations the EU should be possible within the next fifteen years. On 28 December 2005, Chilean former foreign minister Ignacio Walker proposed that the Union's former designation, the South American Community of Nations, abbreviated as CSN, be changed to "South American Union"; nevertheless, many members responded that that proposal had already been rejected to prevent confusion since its acronym of U.S.A. (Spanish: "Unión Sudamericana") would be easily confused for the United States of America. In the press, the phrase "United States of South America" was bandied about as an analogy to the United States to reflect the economic and political power