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Syllabus of the Subject

Bolivarian Alliance Peoples of Our America ALBA


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Bank of ALBA (Bolivarian Alliance for the Peoples of Our America)

  1. Introduction to the Bolivarian Alliance for the Peoples of Our America (ALBA)
  2. Trade Treaty of the Peoples
  3. “Gran National” projects
  4. Case Study: PetroCaribbe
  5. ALBA Bank
  6. Regional Clearing Unit System of Payments (SUCRE)
  7. The failure of ALBA: the exit of Ecuador (2018) and Bolivia (2019) from the ALBA
  8. The Pacific Alliance as an alternative to the ALBA

Sample - ALBA (Bolivarian Alliance for the Peoples of Our America):
Bolivarian Alliance for the Peoples of Our America (ALBA) Venezuela, Cuba, Nicaragua, Dominica, Honduras, Saint Kitts and Nevis...


The aims of the subject “Bolivarian Alliance for the Peoples of Our America (ALBA)” are the following:

  1. To understand the objectives and functions of the Bolivarian Alliance for the Peoples of Our America (ALBA)
  2. To analyze the economic integration process and the trade relations between the countries of the ALBA
  3. To know the trade agreements of the Bolivarian Alliance for the Peoples of Our America and the Unit System of Regional Payments (SUCRE)
  4. To evaluate the role of the ALBA Bank

Online Student (Master International Business Foreign Trade)

The Subject “Bolivarian Alliance for the Peoples of Our America (ALBA)” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: American Business, World Trade.

Doctorate in International Business (DIB) Online

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Alianza Bolivariana para los Pueblos de Nuestra América (ALBA) Masters Foreign Trade in Portuguese Aliança Bolivariana para os Povos da Nossa América Study Doctorate in International Business in French Alliance bolivarienne pour les peuples de notre Amérique (ALBA).

Latin American Economic Integration

The ALBA (Bolivarian Alliance for the Peoples of Our America), or the Bolivarian Alternative for the Americas, is a proposed alternative to the U.S. sponsored Free-Trade Area of the Americas.

The member countries of the Bolivarian Alliance for the Peoples of Our America (ALBA) are Antigua and Barbuda, Cuba, Dominica, Honduras, Grenade, Nicaragua, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Venezuela.

  1. Haiti is an observer country
  2. Bolivia retired from the ALBA in 2019
  3. Ecuador retired from the ALBA in 2018

Market Access - Trade Agreements

The Bolivarian Alliance for the Peoples of Our America (ALBA) differs from the ALCA (Free-Trade Area of the Americas) in that it advocates a socially oriented foreign trade block.

  1. By employing more efficient mechanisms to eradicate poverty, the Bolivarian Alliance for the Peoples of Our America (ALBA) provides a counterweight to the policies and goals of the Free-Trade Area of the Americas (ALCA)
  2. ALBA Area: 2,625,829 km²
  3. GDP (Purchasing Power Parity): 669,906 USD billion

The Bolivarian Alliance for the Peoples of Our America (ALBA) belongs to the Latin American Economic Area.

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