The Economic Impact Of Nafta On Mexico

Author : Dennis Pohlmann
Publisher : GRIN Verlag
Page : 73 pages
File Size : 47,5 Mb
Release : 2007-07
Category : Economic development
ISBN : 9783638672054

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The Economic Impact of NAFTA on Mexico by Dennis Pohlmann Pdf

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, 19 entries in the bibliography, 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 & Espensh

Author : Adrián de León-Arias,Patricio Aroca
Publisher : Springer Nature
Page : 162 pages
File Size : 55,9 Mb
Release : 2021-10-01
Category : Business & Economics
ISBN : 9789811631689

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NAFTA’s Impact on Mexico’s Regional Development by Adrián de León-Arias,Patricio Aroca Pdf

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.

Author : Mr.Ayhan Kose,Mr.Guy Meredith,Mr.Christopher M. Towe
Publisher : International Monetary Fund
Page : 50 pages
File Size : 40,9 Mb
Release : 2004-04-01
Category : Business & Economics
ISBN : 9781451847970

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How Has Nafta Affected the Mexican Economy? Review and Evidence by Mr.Ayhan Kose,Mr.Guy Meredith,Mr.Christopher M. Towe Pdf

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.

Author : United States. Congress. Joint Economic Committee
Publisher : Unknown
Page : 60 pages
File Size : 49,5 Mb
Release : 1993
Category : Economic forecasting
ISBN : UCSD:31822016837296

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Potential Economic Impacts of NAFTA by United States. Congress. Joint Economic Committee Pdf

Author : Gregory K. Schoepfle
Publisher : Unknown
Page : 188 pages
File Size : 53,6 Mb
Release : 1993
Category : Foreign trade and employment
ISBN : UCSD:31822016787475

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A Review of the Assessments of the Likely Economic Impact of NAFTA on the United States by Gregory K. Schoepfle Pdf

Author : Joseph F. Francois,Clinton R. Shiells
Publisher : DIANE Publishing
Page : 64 pages
File Size : 47,9 Mb
Release : 1996-11
Category : Electronic
ISBN : 9780788124099

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Economy-Wide Modeling of the Economic Implications of an FTA with Mexico and a NAFTA with Canada and Mexico (Summary) by Joseph F. Francois,Clinton R. Shiells Pdf

This study is based on linking a 78-sector U.S. model with a 74-sector Mexican model and determines the effects of the free trade agreement (FTA) with Mexico and a NAFTA with Canada and Mexico on employment, production, prices, exports, and imports in all sectors. Charts and tables.

Author : William A. Orme
Publisher : University of Texas Press
Page : 374 pages
File Size : 45,8 Mb
Release : 1996
Category : Political Science
ISBN : 0292760469

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Understanding NAFTA by William A. Orme Pdf

"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.

Author : Karl-Guenther Illing
Publisher : GRIN Verlag
Page : 87 pages
File Size : 42,5 Mb
Release : 2004-04-20
Category : Business & Economics
ISBN : 9783638269964

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Benefits and Costs of Regional Integration: The Impact of NAFTA on the Mexican Economy by Karl-Guenther Illing Pdf

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?

Author : DIANE Publishing Company,Hugh M. Arce,Joseph F. Francois,Clinton R. Shiells
Publisher : Unknown
Page : 711 pages
File Size : 40,6 Mb
Release : 1995-11-01
Category : Electronic
ISBN : 0788125141

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Economy-Wide Modeling of the Economic Implications of a FTA with Mexico and a NAFTA with Canada and Mexico by DIANE Publishing Company,Hugh M. Arce,Joseph F. Francois,Clinton R. Shiells Pdf

This study is based on linking a 78-sector U.S. model with a 74-sector Mexican model and determines the effects of the free trade agreement (FTA) with Mexico and a NAFTA with Canada and Mexico on employment, production, prices, exports, and imports in all sectors. Charts and tables.

Author : United States. Congress. House. Committee on the Budget. Task Force on Economic Policy, Projections, and Revenues
Publisher : Unknown
Page : 196 pages
File Size : 51,8 Mb
Release : 1991
Category : Free trade
ISBN : MINN:31951D01951264N

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Economic Impact of the Mexico Free Trade Agreement by United States. Congress. House. Committee on the Budget. Task Force on Economic Policy, Projections, and Revenues Pdf

Author : M. Angeles Villarreal
Publisher : DIANE Publishing
Page : 29 pages
File Size : 51,5 Mb
Release : 2011-04
Category : History
ISBN : 9781437932829

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U. S. -Mexico Economic Relations by M. Angeles Villarreal Pdf

Mexico has a population of about 111 million people, making it the most populous Spanish-speaking country in the world. Contents of this report: (1) Intro.; (II) U.S.-Mexico Econ. Trends: Mexico-U.S. Bilateral Foreign Direct Invest.; Mexico¿s Export-Oriented Assembly Plants; Worker Remittances to Mexico; Security and Prosperity Partnership of N. Amer.; (3) The Mexican Economy: Economic Reforms; Effects of the Global Financial Crisis; Poverty; Regional Free Trade Agree.; (4) NAFTA and the U.S.-Mexico Econ. Relationship; (5) U.S.-Mexico Trade Relations: Trucking Issue: Truck Pilot Program; Mexico¿s Retaliatory Tariffs; Other Trade Issues; (6) Policy Issues. Charts and tables. This is a print on demand publication.

Author : Jürgen Gatz
Publisher : Peter Lang Publishing
Page : 218 pages
File Size : 47,6 Mb
Release : 1997
Category : Investments, Foreign
ISBN : UCSD:31822025891896

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The Socio-economic Impact of NAFTA's FDI Potential for Mexico by Jürgen Gatz Pdf

Author : Peter M. Garber
Publisher : MIT Press
Page : 344 pages
File Size : 55,7 Mb
Release : 1993
Category : Business & Economics
ISBN : 0262071525

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The Mexico-U.S. Free Trade Agreement by Peter M. Garber Pdf

The seven contributions in this book examine the potential impact of a North American Free Trade Agreement (NAFTA) with Mexico on the U.S. economy. They cover such key aspects as the general sources of comparative advantage between Mexico and the U.S., regional and local effects on production and employment, and the effect on production in particular industries. The authors start from the premise that the trade agreement will have a small impact on the overall U.S. gross national product because the U.S. economy is large compared to that of Mexico and because there is already much unrestricted trade between the two countries. Several chapters consider how some sources of comparative advantage that cut across industries differential environmental regulations and wage differentials - may affect the outcome. These are followed by chapters that assess the locational effects on U.S. production, either from the viewpoint of which metropolitan areas will gain employment or of the scale effects-transportation cost-tradeoff. Concluding chapters address the effect of the NAFTA on several individual U.S. sectors such as agriculture, automobiles, and financial services. Peter M. Garber is Professor of Economics at Brown University. Contents: Introduction, Peter M. Garber. Environmental Impacts of a North American Free Trade Agreement, Gene M. Grossman, Alan B. Krueger. Wage Effects of a U.S.-Mexico Free Trade Agreement, Edward E. Leamer. Some Favorable Impacts of a U.S.-Mexico Free Trade Agreement, J. Vernon Henderson. Mexico- U.S. Free Trade and the Location of Production, Paul Krugman, Gordon Hanson. Trade with Mexico and Water Use in California Agriculture, Robert C. Feenstra, Andrew K. Rose. The Automobile Industry and the Mexico-U.S. Free Trade Agreement, Steven Barry, Vittorio Grilli, Florencio Lopez-de-Silanes. Opening the Financial Services Market in Mexico, Peter M. Garber, Steven R. Weisbrod.

Author : United States International Trade Commission
Publisher : Unknown
Page : 728 pages
File Size : 49,7 Mb
Release : 1992
Category : Free trade
ISBN : UCSD:31822007845696

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Economy-wide Modeling of the Economic Implications of a FTA with Mexico and a NAFTA with Canada and Mexico by United States International Trade Commission Pdf

Author : DIANE Publishing Company
Publisher : DIANE Publishing
Page : 286 pages
File Size : 47,5 Mb
Release : 1995-10
Category : Electronic
ISBN : 0788125354

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Potential Impact on the U. S. Economy and Selected Industries of the North American Free Trade Agreement by DIANE Publishing Company Pdf

Examines (1) the overall economic effects of the NAFTA on the economies of the U.S., Mexico, and Canada; (2) the key NAFTA provisions and related legal changes that may affect individual sectors; and (3) the short- and long-term impact of NAFTA on important industrial, energy, agricultural, and service sectors of the U.S. economy. Also summarizes recent economic developments in Mexico. Tables and figures.