"The Proceedings of the 2006 FOPRISA Annual Conference represents the culmination of research activities undertaken during the first year of FOPRISA, from 2005 to 2006. This collection of 15 papers covers four research themes: Democratic Development (Norms and Standards of Electoral Processes); Politics, Defence and Security and Security Cooperation (Security Cooperation); Regional Trade and its Relations to the International Trade System (Trade Policies); and Economic Harmonization, Finance and Investment (Macro-Economic Convergence). "