Lessons from NAFTA: For Latin America and the Caribbean (Latin American Development Forum) - Hardcover

Book 5 of 40: Latin American Development Forum

Lederman, Daniel; Maloney, William F.; Servén, Luis

 
9780804752398: Lessons from NAFTA: For Latin America and the Caribbean (Latin American Development Forum)

Synopsis

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.

"synopsis" may belong to another edition of this title.

About the Author

Daniel Lederman is Senior Economist in the Office of the Chief Economist for Latin America and the Caribbean at the World Bank. William F. Maloney is Lead Economist in the Office of the Chief Economist for Latin America and the Caribbean at the World Bank. Luis Serven is Lead Specialist in the Office of the Chief Economist for Latin America and the Caribbean at the World B

From the Back Cover

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 Mexico's 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 Mexico's long term development--NAFTA 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.

From the Inside Flap

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 Mexico's 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 Mexico's long term development--NAFTA 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.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title