Lessons From Nafta: For Latin America And The Caribbean (Latin American Development Forum),Used

Lessons From Nafta: For Latin America And The Caribbean (Latin American Development Forum),Used

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SKU: SONG0804752400
UPC: 9780804752404
Brand: Stanford University Press
Condition: Used
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Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), the authors draw lessons for other countries considering free trade agreements with the United States. The authors conclude that NAFTA raised external trade and foreign investment inflows and had a modest effect on Mexicos average income per person. It is likely that NAFTA also helped achieve a modest reduction in poverty and an improvement in job quality. However, major obstacles remain to Mexicos long term developmentNAFTA is not enough. The main lesson for other countries is that free trade agreements offer opportunities to accelerate economic growth, but do not guarantee it.

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