The Impacts of NAFTA on North America

The Impacts of NAFTA on North America PDF

Author: I. Hussain

Publisher: Springer

Published: 2010-08-17

Total Pages: 282

ISBN-13: 0230110002

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Why was NAFTA not extended, even after fulfilling several stated objectives? Investigating a number of roadblocks and utilizing James Rosenau's state-multi-centric models, the book's conclusions shed light not just on why North American integration is not working, but on broader regional experiments.

North American Free Trade

North American Free Trade PDF

Author: Nora Claudia Lustig

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 287

ISBN-13: 0815718462

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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.

How Has Nafta Affected the Mexican Economy? Review and Evidence

How Has Nafta Affected the Mexican Economy? Review and Evidence PDF

Author: Mr.Ayhan Kose

Publisher: International Monetary Fund

Published: 2004-04-01

Total Pages: 50

ISBN-13: 1451847971

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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 to USMCA: What is Gained?

NAFTA to USMCA: What is Gained? PDF

Author: Mary E. Burfisher

Publisher: International Monetary Fund

Published: 2019-03-26

Total Pages: 34

ISBN-13: 1498303285

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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.

Understanding NAFTA

Understanding NAFTA PDF

Author: William A. Orme

Publisher: University of Texas Press

Published: 1996

Total Pages: 374

ISBN-13: 9780292760462

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"Very readable book written during height of NAFTA debate. Remains a valuable resource for discussing impact of the trade agreement in Mexico and US"--Handbook of Latin American Studies, v. 57.

NAFTA at 20

NAFTA at 20 PDF

Author: Marian Weaver

Publisher:

Published: 2015

Total Pages: 187

ISBN-13: 9781634827805

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The North American Free Trade Agreement (NAFTA) entered into force on January 1, 1994. The overall economic impact of NAFTA is difficult to measure since trade and investment trends are influenced by numerous other economic variables, such as economic growth, inflation, and currency fluctuations. The agreement may have accelerated the trade liberalization that was already taking place, but many of these changes may have taken place with or without an agreement. Nevertheless, NAFTA is significant because it was the most comprehensive free trade agreement (FTA) negotiated at the time and contained several groundbreaking provisions. This book provides an overview of North American trade liberalization before NAFTA, an overview of NAFTA provisions, the economic effects of NAFTA, and policy considerations. This book also examines the integration of North America's agricultural and food markets as a result of the North American Free Trade Agreement.

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