Lessons from NAFTA: For Latin America and the Caribbean

Lederman, Daniel; Maloney, William F.; ServĂ n, Luis

ISBN 10: 0804752400 / ISBN 13: 9780804752404

Published by Stanford Economics and Finance, 2004

Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G0804752400I4N10

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. 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 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 Servén is Lead Specialist in the Office of the Chief Economist for Latin America and the Caribbean at the World B

Bibliographic Details

Title: Lessons from NAFTA: For Latin America and ...
Publisher: Stanford Economics and Finance
Publication Date: 2004
Binding: Paperback
Condition: Very Good
Dust Jacket Condition: No Jacket