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The World Impact Of Nafta


The World Impact Of Nafta
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The World Impact Of Nafta


The World Impact Of Nafta
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Author : Richard L. Bolin
language : en
Publisher:
Release Date : 1994

The World Impact Of Nafta written by Richard L. Bolin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Free trade categories.




North American Free Trade


North American Free Trade
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Author : Nora Claudia Lustig
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01

North American Free Trade written by Nora Claudia Lustig and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Political Science categories.


The proposed North American Free Trade Agreement (NAFTA) represents a historic change in relations among Canada, Mexico, and the United States. The effect of the agreement on the three economies has generated controversy and some degree of alarm within each country. In this book, noted trade and development experts review the available literature on the effects of NAFTA on the three member countries and the world trading system. They evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States; and consider the significance the trade agreement holds for the rest of the world. Drusill K. Brown begins the discussion by providing an overview and comparison of the general results from recent studies. Raúl Hinojosa-Ojeda and Sherman Robinson explore in greater detail the potential effects of NAFTA on wages and employment in Mexico and the United States. Sidney Wintrab reviews industry-specific effects of NAFTA, in particular, the environment, the social agenda, and human rights and democracy. Finally, Carlos Alberto Primo Braga considers the implications of NAFTA on the rest of the world. Following each of these chapters, international scholars assess the alternatives and provide recommendations for future research.



The Economic Impact Of Nafta On Mexico


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?



How Has Nafta Affected The Mexican Economy Review And Evidence


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 S Impact On Mexico S Regional Development


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.



A Review Of The Assessments Of The Likely Economic Impact Of Nafta On The United States


A Review Of The Assessments Of The Likely Economic Impact Of Nafta On The United States
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Author : Gregory K. Schoepfle
language : en
Publisher:
Release Date : 1993

A Review Of The Assessments Of The Likely Economic Impact Of Nafta On The United States written by Gregory K. Schoepfle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Foreign trade and employment categories.




Lessons From Nafta


Lessons From Nafta
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Author : Luis Serven
language : en
Publisher: World Bank Publications
Release Date : 2004-11-15

Lessons From Nafta written by Luis Serven and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-11-15 with Political Science categories.


Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.



Benefits And Costs Of Regional Integration The Impact Of Nafta On The Mexican Economy


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?



Expanding Nafta


Expanding Nafta
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Author : Carmen Zechner
language : en
Publisher: LIT Verlag Münster
Release Date : 2002

Expanding Nafta written by Carmen Zechner and has been published by LIT Verlag Münster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.


The world economy has witnessed a sudden increase in free trade agreements, generating a renewed debate on their economic impact. In Expanding NAFTA Carmen Zechner focuses on the economic effects on Chile of the potential free trade agreement with the United States. The author creates a framework for analyzing the impact of economic integration between a developed and a developing country from the developing country's perspective. This book goes beyond earlier analyses of the static gains from free trade to examine the dynamic and more intangible effects that are critical to the welfare evaluation of trade agreements. Expanding NAFTA is an important contribution to the research on preferential trade liberalization and to understanding developing countries' trade policy choices. This book will be indispensable to anyone interested in trade policy making and the Chilean economy.



Nafta


Nafta
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Author : Gary Clyde Hufbauer
language : en
Publisher: Peterson Institute
Release Date : 1993

Nafta written by Gary Clyde Hufbauer and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.


"October 1993." Includes bibliographical references (p. 186-189) and index.