Nafta S Impact On Mexico S Regional Development
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Nafta S Impact On Mexico S Regional Development
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Author : Adrián de León-Arias
language : en
Publisher: Springer Nature
Release Date : 2021-10-01
Nafta S Impact On Mexico S Regional Development written by Adrián de León-Arias and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-01 with Business & Economics categories.
In this book, the dynamics of continuity and change in the regional economic development of Mexico and the US border states are analyzed. These studies cover the last 25 years, after the first trade agreement, between a developed and a developing country, tooks place, and where international trade and investment have been combined with a set of relevant local factors such as regional innovation, industrialization patterns, multinational corporations’ modes of operation, public investment, and national content of exports. The book offers researchers a precise identification of stylized facts that characterize the pattern of regional development in Mexico and the US Southwest as well as state-of-the-art applications contrasting hypotheses from new economic geography, endogenous and neo-Schumpeterian economic growth models, and new international trade. To graduate and advanced undergraduate students in the fields of spatial geographic economics, this book offers an excellent source for its updated review of current topics on regional development in Mexico. To policy makers, the book helps to identify policy areas to reinforce the dynamics of regional development. Whereas other books have looked at the several impacts of NAFTA on national economies, productive sectors, and societies, this book analyzes the trade agreement’s impact with a long-term view across the diversity of developments of Mexico ́s regions. As well, the analysis is carried out with the perspective of prospective reforms of a renovated trade agreement between the United States and the new Mexican federal administration . The collaborators in this book are researchers who are experts at the international and national levels in the field of regional economic development. During the last 25 years they have conducted their analyses in different regions of Mexico and the United States as university researchers, advisors to state and federal governments, and as practitioners.
Nafta S Impact On Mexico S Regional Development
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Author : Adrián de León-Arias
language : en
Publisher:
Release Date : 2021
Nafta S Impact On Mexico S Regional Development written by Adrián de León-Arias and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
In this book, the dynamics of continuity and change in the regional economic development of Mexico and the US border states are analyzed. These studies cover the last 25 years, after the first trade agreement, between a developed and a developing country, tooks place, and where international trade and investment have been combined with a set of relevant local factors such as regional innovation, industrialization patterns, multinational corporations' modes of operation, public investment, and national content of exports. The book offers researchers a precise identification of stylized facts that characterize the pattern of regional development in Mexico and the US Southwest as well as state-of-the-art applications contrasting hypotheses from new economic geography, endogenous and neo-Schumpeterian economic growth models, and new international trade. To graduate and advanced undergraduate students in the fields of spatial geographic economics, this book offers an excellent source for its updated review of current topics on regional development in Mexico. To policy makers, the book helps to identify policy areas to reinforce the dynamics of regional development. Whereas other books have looked at the several impacts of NAFTA on national economies, productive sectors, and societies, this book analyzes the trade agreement's impact with a long-term view across the diversity of developments of Mexico ́s regions. As well, the analysis is carried out with the perspective of prospective reforms of a renovated trade agreement between the United States and the new Mexican federal administration. The collaborators in this book are researchers who are experts at the international and national levels in the field of regional economic development. During the last 25 years they have conducted their analyses in different regions of Mexico and the United States as university researchers, advisors to state and federal governments, and as practitioners.
Benefits And Costs Of Regional Integration The Impact Of Nafta On The Mexican Economy
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Author : Karl-Guenther Illing
language : en
Publisher: GRIN Verlag
Release Date : 2004-04-20
Benefits And Costs Of Regional Integration The Impact Of Nafta On The Mexican Economy written by Karl-Guenther Illing and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-04-20 with Business & Economics categories.
Diploma Thesis from the year 2004 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1,3 (A), European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Economic Policy and Political Economy), language: English, abstract: In January 1994, after two and a half years of negotiation, the North American Free Trade Agreement (NAFTA) came into force. The treaty between Canada, Mexico and the United States has created the largest economic area in the world, slightly surpassing the European Union in market size. But NAFTA is also outstanding in a second aspect: it has constituted the first major regional integration arrangement between two highly developed countries, the United States and Canada, and a developing country, Mexico. The North-South nature of North American integration has polarized the debate about NAFTA from the earliest stage on. On the one hand it was unclear how much the U.S. would gain from the agreement. Would it stabilize its southern neighbor and thus benefit the U.S. economically and politically? Or would it cause the “giant sucking sound” Ross Perot feared, drawing thousands of jobs from the U.S. over the border (Thorbecke/Eigen-Zucchi 2002, p. 648)? Regarding these concerns, Canada was at most a side-player, possessing neither intense trade relations nor geographical proximity to Mexico. Mexico’s gains from NAFTA, on the other hand, seemed even more unsure. The agreement’s effects on the southern member state, whether positive or negative, were expected to be unequally greater than on the U.S. On the one hand, it seemed, Mexico could gain immensely through improved access to the North American market, increasing trade, attracting foreign investment, and importing growth and stability. On the other hand, some trade economists, such as Arvind Panagaria (1996, pp. 512-513) warned that Mexico could only lose when opening its market to its powerful northern neighbors, while receiving little in return that it would not have obtained anyway. Furthermore, would Mexico’s move towards regional integration hamper any further step into the direction of multilateral opening, after promising reforms had been started in the mid-1980s? Concerns also regarded the adverse effects of NAFTA within Mexico. These centered around large adjustment costs from sectoral restructuring and resource reallocation. This would occur if inefficient, partly subsidized Mexican industries declined after removing tariffs and non-tariff barriers, allowing the North American competition to enter the national market. In addition, would this hit mostly those Mexican regions that were poor anyway?
How Has Nafta Affected The Mexican Economy Review And Evidence
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Author : Mr.Ayhan Kose
language : en
Publisher: International Monetary Fund
Release Date : 2004-04-01
How Has Nafta Affected The Mexican Economy Review And Evidence written by Mr.Ayhan Kose and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-04-01 with Business & Economics categories.
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
Nafta As A Model Of Development
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Author : Richard S. Belous
language : en
Publisher: State University of New York Press
Release Date : 1995-08-10
Nafta As A Model Of Development written by Richard S. Belous and has been published by State University of New York Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-08-10 with Political Science categories.
This book discusses the North American Free Trade Agreement (NAFTA) in terms of its implications for job creation, reduced tariffs, and increased investment. Although the regional trading blocs merging in Europe, North America, and East Asia differ strikingly, there is one basic feature common to each--the formation of regional trading blocs involves a uniting of high- and low-wage areas. The authors address this issue directly, questioning whether NAFTA will promote upward or downward convergence of compensation rates, unit labor costs, and benefit levels. Equally important, they consider whether this trading arrangement will promote economic growth, investment, and efficiency. Viewpoints from the U.S., Canada, and Mexico and from the business and labor communities are included.
How Has Nafta Affected The Mexican Economy Review And Evidence
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Author : M. Ayhan Kose
language : en
Publisher:
Release Date : 2006
How Has Nafta Affected The Mexican Economy Review And Evidence written by M. Ayhan Kose and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico`s NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
Globalization Regional Development And Local Response
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Author : Leendert Andrew de Bell
language : en
Publisher: Rozenberg Publishers
Release Date : 2005
Globalization Regional Development And Local Response written by Leendert Andrew de Bell and has been published by Rozenberg Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Coahuila (Mexico : State) categories.
"In a world that has become increasingly interconnected over the past decades - economically, politically, socially, and culturally - new challenges are posed to development. Since the 1980s, development has increasingly become interpreted in terms of increasing integration into the world economy. Export-oriented manufacturing became widely viewed as the surest recipe for realizing economic growth while reducing income inequality, and the role of foreign direct investments became increasingly important in development strategies worldwide. However, not every region, industry and social group managed to become successfully integrated into the world economy. In order to explain why these processes of economic restructuring have had such a differential impact, this study situates developments within a wider historical social and political context to establish how these processes of globalization are mediated at the regional and local level. The main object of study concerns the drastic socioeconomic transformation that has taken place in the state of Coahuila - situated in the northeast of Mexico, bordering the United States - over the past three decades. In particular since the start of NAFTA in 1994, Coahuila has become one of Mexico's most successful export-oriented manufacturing states, most importantly as a result of the large number of foreign direct investments it received. However, the effects of these developments have been unevenly distributed among its sub-regions, while questions must also be raised about its ability to contribute to sustained, long-term growth with equity. The key issue appears to be not whether, but how regions and localities become linked to the world economy."--page 4 of cover
The Economic Impact Of Nafta On Mexico
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Author : Dennis Pohlmann
language : en
Publisher: GRIN Verlag
Release Date : 2007-01-26
The Economic Impact Of Nafta On Mexico written by Dennis Pohlmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-26 with Business & Economics categories.
Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: 1,0, Drury University (Breech School of Business Administration), course: International Economics, language: English, abstract: Many countries are reducing trade barriers and promoting regional economic integration. A result of this is the rising of free-trade areas in which the belonging countries trade freely among themselves without tariffs or trade restrictions. One example for a free-trade area is the North American Free Trade Agreement (NAFTA) founded by the U.S., Mexico and Canada. When NAFTA took effect on January 1, 1994, it created the world ́s largest free-trade zone with a combined population of over 416 million and a total GDP of $12 trillion. Of course, the U.S., as the world ́s largest single market, dominates the North American business environment. The goal of NAFTA is to eliminate all the trade barriers between the three countries over a 15-year period, completed in 2009. NAFTA also substantially reduces, but does not completely eliminate, nontariff trade barriers like import quotas, sanitary regulations, and licensing agreements. From the beginning, NAFTA had a lot of opponents in the U.S. as well as in Mexico. For example, U.S. labor unions feared a loss in jobs because of dislocating production from the USA to Mexico by reason of lower wages. In Mexico, farmers opposed and still opposing NAFTA because of the high U.S. subsidies on agricultural products that are imported to Mexico. There were also beliefs from environmental, social justice, and other advocacy organizations stating that NAFTA has unfavorable impacts on non-economic areas like public health or environment. On the other hand, Mexican proponents supporting NAFTA argued that open trade could reduce migration from Mexico into the U.S. in the long run since NAFTA brings an improvement of the Mexican economy relative to the U.S. economy (Acevedo & Espenshade, 1992, p. 742). Between 1994 and 2003 Mexico ́s average annual GDP growth was 2.7 percent (Hufbauer & Schott, p. 2). At the first sight, NAFTA seems to be a benefit for the Mexican economy at the whole. Nevertheless, there are gainers and losers as a result of free trade. The content of this paper is to have a closer look on the Mexican economy and to answer the following three questions: 1. Can the trade pattern between Mexico and the U.S. be determined by using economic models? 2. Can the winners and losers that are resulting from the trade pattern between the U.S. and Mexico be explained with these models? 3. According to the economic models of international trade, does Mexico benefit like predicted?
Regional Development And Structural Policy In Mexico
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Author : Organisation for Economic Co-operation and Development
language : en
Publisher: Organisation for Economic Co-operation and Development
Release Date : 1997
Regional Development And Structural Policy In Mexico written by Organisation for Economic Co-operation and Development and has been published by Organisation for Economic Co-operation and Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Examines Mexico's regional development policy options for the coming decade.
Nafta To Usmca What Is Gained
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Author : Mary E. Burfisher
language : en
Publisher: International Monetary Fund
Release Date : 2019-03-26
Nafta To Usmca What Is Gained written by Mary E. Burfisher and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-26 with Business & Economics categories.
The United States – Mexico – Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key provisions in the new agreement, including tighter rules of origin in the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel sectors, while generating modest aggregate gains in terms of welfare, mostly driven by improved goods market access, with a negligible effect on real GDP. The welfare benefits from USMCA would be greatly enhanced with the elimination of U.S. tariffs on steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed after the U.S. tariffs were put in place.