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Lessons from NAFTA
Lederman, Daniel; Maloney, William; Serven, Luis
€ 197.43
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Description for Lessons from NAFTA
Hardback. 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. Series: Latin American Development Forum. Num Pages: 360 pages, illustrations. BIC Classification: KCM; KJK. Category: (G) General (US: Trade). Dimension: 5830 x 3895 x 28. Weight in Grams: 667.
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.
Product Details
Format
Hardback
Publication date
2004
Publisher
Stanford University Press United States
Number of pages
360
Condition
New
Series
Latin American Development Forum
Number of Pages
360
Place of Publication
Palo Alto, United States
ISBN
9780804752398
SKU
V9780804752398
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Lederman, Daniel; Maloney, William; Serven, Luis
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
Reviews for Lessons from NAFTA
"Lessons from NAFTA is important perhaps less for what it tells us about changes under a free-trade agreement and more for its nuanced and careful empirical investigation of how trade can actually make people better off. This, indeed, is the 'big story' of NAFTA and the potential for free trade agreements in the region."
Political Science Quarterly "Lederman, Maloney, and Serven offer an excellent empirical investigation into the impacts of the North America Free Trade Agreement (NAFTA) on the Mexican economy... The authors pay close attention to the experiences of other Latin American countries and the European Union while avoiding ideological debates." CHOICE
Political Science Quarterly "Lederman, Maloney, and Serven offer an excellent empirical investigation into the impacts of the North America Free Trade Agreement (NAFTA) on the Mexican economy... The authors pay close attention to the experiences of other Latin American countries and the European Union while avoiding ideological debates." CHOICE