Lessons from NAFTA for Latin America and the Caribbean

Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), "Lessons from NAFTA" aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality.

Saved in:
Bibliographic Details
Main Authors: Lederman, Daniel, Maloney, William F., Servén, Luis
Format: Publication biblioteca
Language:English
en_US
Published: Palo Alto, CA: Stanford University Press 2004-11
Subjects:ACCOUNTING, AGGREGATE VOLATILITY, AGRICULTURAL INCOME SUBSIDIES, AGRICULTURAL PRODUCTION, AGRICULTURAL PRODUCTS, AGRICULTURAL SUPPORT, AGRICULTURE, AIC, ANCHOR COUNTRY, ANTIDUMPING, APPAREL, APPAREL EXPORTS, APPAREL PREFERENCES, ASYMMETRIC SHOCKS, AUTONOMY, BANKING SYSTEM, BILATERAL TRADE, BLOC DUMMY COEFFICIENTS, BLOC IMPORTS, CAPITAL ACCOUNT, CAPITAL FLOWS, CAPITAL INFLOWS, CENTRAL AMERICA, COMMON FISCAL RULES, COMPARATIVE ADVANTAGE, CONSOLIDATION, CONVERGENCE ANALYSIS, CORPORATE GOVERNANCE, COUNTERVAILING DUTY FILINGS, CURRENCY, CURRENCY UNION, DEFICITS, DEVALUATION, DISPUTE SETTLEMENT, DISPUTE SETTLEMENT FILINGS, DISPUTE SETTLEMENT MECHANISMS, DOMESTIC FIRMS, DOMESTIC INSTITUTIONS, DOMESTIC MARKET, DOMESTIC PRODUCTION, DOMESTIC REFORMS, DUTY-FREE ACCESS, ECONOMETRIC ANALYSIS, ECONOMIC CONVERGENCE, ECONOMIC INTEGRATION, ECONOMIC OUTCOMES, ECONOMIC PERFORMANCE, ECONOMICS, EMERGING MARKETS, EXPORTS, FACTOR MARKETS, FINANCIAL CRISIS, FINANCIAL INTEGRATION, FINANCIAL MARKETS, FINANCIAL SERVICES, FINANCIAL SYSTEM, FISCAL POLICY, FISCAL REFORM, FISCAL STABILIZERS, FLEXIBLE EXCHANGE RATE, FLEXIBLE EXCHANGE RATE REGIMES, FOREIGN COMPETITION, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN INVESTORS, FREE ACCESS, FREE TRADE, FREE TRADE AGREEMENT, FREE TRADE AGREEMENTS, FREE TRADE AREA, GDP, GDP PER CAPITA, GLOBAL COMPETITIVENESS, GLOBAL EXPORTS, GRAVITY MODEL, GROSS DOMESTIC PRODUCT, GROWTH RATE, GROWTH RATES, GROWTH VOLATILITY, HUMAN CAPITAL, IDIOSYNCRATIC SHOCKS, IMPORT TARIFFS, INCOME, INCOME CONVERGENCE, INCOME GAPS, INCOME SUPPORT PROGRAMS, INCOME TRANSFERS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION GROWTH, INDUSTRIAL SECTOR, INFLATION, INTELLECTUAL PROPERTY, INTERNATIONAL TRADE, INVESTMENT CLIMATE, INVESTMENT FLOWS, LABOR FORCE, LABOR MARKETS, LATIN AMERICAN, LEGAL STATUS, LOCAL CURRENCY, LOCATIONAL ADVANTAGES, MACROECONOMIC DYNAMICS, MACROECONOMIC FLUCTUATIONS, MACROECONOMIC INSTABILITY, MACROECONOMIC POLICIES, MACROECONOMIC POLICY, MACROECONOMIC POLICY COORDINATION, MACROECONOMIC POLICY DESIGN, MACROECONOMIC STABILITY, MACROECONOMIC SYNCHRONIZATION, MACROECONOMIC VOLATILITY, MARKET ACCESS, MIGRATION, MINIMUM WAGES, MONETARY COORDINATION, MONETARY POLICY, MONETARY STABILITY, MONETARY UNIFICATION, MULTIPLIER EFFECTS, NAFTA, NATIONAL POLICIES, NEIGHBORING COUNTRIES, NET EXPORTS, NET INFLOWS, NON-RIA COUNTRIES, NONMEMBER COUNTRIES, OPENNESS, PARTNER COUNTRIES, PATENTS, PER CAPITA INCOME, POSITIVE EFFECTS, PRIVATE SECTOR, PRIVATIZATION, PROCESS OF CONVERGENCE, PRODUCTIVITY GROWTH, PRODUCTIVITY INCREASES, PROTECTION OF INTELLECTUAL PROPERTY RIGHTS, PUBLIC DEBATE, REAL EXCHANGE RATE, REAL EXCHANGE RATE VOLATILITY, REAL GDP, REAL INCOME, REGIONAL LEVEL, REGIONAL TRADE, REGIONAL TRADE INTEGRATION, RULES OF ORIGIN, SAFEGUARD DUTIES, SOCIAL SECURITY, SOUTH AMERICA, SUBSIDIARY, SUBSIDIARY RIGHTS, TARIFF PREFERENCES, TARIFF RATES, TARIFF STRUCTURE, TAX REFORM, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TOTAL FACTOR PRODUCTIVITY, TRADE AGREEMENT, TRADE AGREEMENTS, TRADE BARRIERS, TRADE CREATION, TRADE DIVERSION, TRADE EXPANSION, TRADE FLOWS, TRADE IMPACT, TRADE INTERDEPENDENCE, TRADE LAWS, TRADE NEGOTIATIONS, TRADE REFORMS, UNEMPLOYMENT, UNILATERAL EFFORTS, UNILATERAL REFORMS, UNILATERAL TRADE, UNILATERAL TRADE LIBERALIZATION, UNILATERAL TRADE REFORMS, WAGE DIFFERENTIALS, WAGE DISTRIBUTION, WORLD TRADE,
Online Access:http://documents.worldbank.org/curated/en/2004/11/6431947/lessons-nafta-latin-america-caribbean
http://hdl.handle.net/10986/14457
Tags: Add Tag
No Tags, Be the first to tag this record!