Tracking NAFTA's Shadow 10 Years On : Introduction to the Symposium

The North American Free Trade Agreement (NAFTA) is arguably the first case study of what may be expected from the increasing number of preferential trade agreements involving both developed and developing economies. Ten years after the treaty's inception, it is time to assess how its outcomes compare with initial expectations. The articles in this symposium issue provide insights into the effects of NAFTA on economic geography, trade, wages and migration, and foreign investment from Mexico's perspective. The contributions paint a complex post-NAFTA reality characterized by persistent intra-bloc trade barriers, interregional inequality within Mexico, labor market outcomes that seem closely tied to migration patterns and international trade and investment, and foreign investment flows that appear weakly related to trade agreements.

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Bibliographic Details
Main Authors: Lederman, Daniel, Serven, Luis
Format: Journal Article biblioteca
Language:English
en_US
Published: Published by Oxford University Press on behalf of the World Bank 2005-12-27
Subjects:AGRICULTURAL PRODUCTS, ANTIDUMPING, APPAREL, APPAREL INDUSTRY, BORDER ENFORCEMENT, CAPITAL ACCOUNT, CAPITAL FLOWS, CAUSE FOR CONCERN, COMMERCIAL BANKING, COMMERCIAL BANKING SYSTEM, COMMERCIAL BANKS, COMMODITY, COMPETITIVE PRESSURES, COUNTERVAILING DUTIES, CUSTOMS, CUSTOMS UNIONS, DEVELOPING ECONOMIES, DEVELOPING ECONOMY, DISPUTE SETTLEMENT, DISPUTE SETTLEMENT MECHANISMS, DIVIDEND, DOMESTIC PRODUCTION, DUTY-FREE ACCESS, DYNAMIC EFFECTS, ECONOMIC GROWTH, ECONOMIC INTEGRATION, ECONOMIC OUTCOMES, ENVIRONMENTAL REGULATIONS, EUROPEAN UNION, EXCHANGE RATE FLUCTUATIONS, EXPORT PRICES, EXPORTERS, EXPORTS, EXTENDED MARKET, FEDERAL RESERVE, FEDERAL RESERVE BANK, FINANCIAL CRISIS, FINANCIAL SERVICES, FINANCIAL SYSTEM, FOREIGN CORPORATIONS, FOREIGN DIRECT INVESTMENT, FOREIGN ENTRY, FOREIGN INSURANCE, FOREIGN INVESTMENT, FOREIGN INVESTORS, FOREIGN TECHNOLOGIES, FREE ACCESS, FREE TRADE, FREE TRADE AGREEMENT, FREE TRADE AGREEMENTS, GENERAL EQUILIBRIUM, GLOBAL TRADE, GRAVITY MODEL, GRAVITY MODELS, GROSS DOMESTIC PRODUCT, GUARANTEE OF ACCESS, ILLEGAL IMMIGRATION, ILLEGAL MIGRATION, IMPORT TARIFFS, IMPORTS, INCOME, INCOME CONVERGENCE, INCOME TRANSFERS, INCOMES, INEQUALITY, INTELLECTUAL PROPERTY, INTEREST GROUPS, INTERNATIONAL BANK, INTERNATIONAL ECONOMICS, INTERNATIONAL INVESTMENT, INTERNATIONAL TRADE, INTRABLOC TRADE, INVESTMENT DIVERSION, INVESTMENT FLOWS, INVESTMENT INFLOWS, LABOR MARKET, LABOR MARKET INTEGRATION, LABOR MARKET OUTCOMES, LABOR MARKETS, LIQUIDITY, LOWERED TRADE, MANUFACTURING PRODUCTIVITY, MARKET ACCESS, MARKET PERFORMANCE, MEMBER COUNTRIES, MEMBER COUNTRY, PARTNER COUNTRIES, POLICY RESEARCH, POLLUTION, PORTFOLIO, PREFERENTIAL ACCESS, PREFERENTIAL MARKET ACCESS, PREFERENTIAL TARIFF, PREFERENTIAL TRADE, PREFERENTIAL TRADE AGREEMENT, PREFERENTIAL TRADE AGREEMENTS, PREFERENTIAL TRADING, PREFERENTIAL TRADING ARRANGEMENTS, PRODUCTION COSTS, PRODUCTIVITY GROWTH, PROTECTION OF INTELLECTUAL PROPERTY RIGHTS, PROTECTIONIST, PROTECTIONIST DEVICES, PROTECTIONS, REAL EXCHANGE RATE, REEXPORT, REGIONAL INTEGRATION, REGIONAL TRADE, REGIONAL TRADE AGREEMENTS, REMEDIES, RETURN ON CAPITAL, RULES OF ORIGIN, SAFEGUARD DUTIES, TARIFF PREFERENCES, TARIFF RATE, TARIFF RATE QUOTAS, TARIFF REDUCTIONS, TECHNOLOGICAL ADVANCES, TECHNOLOGY DIFFUSION, TRADE AGREEMENT, TRADE AGREEMENT PARTNERS, TRADE ARRANGEMENTS, TRADE BARRIERS, TRADE CREATION, TRADE DEFLECTION, TRADE DIVERSION, TRADE EFFECTS, TRADE FLOWS, TRADE ISSUES, TRADE LAWS, TRADE LIBERALIZATION, TRADE NEGOTIATIONS, TRADE OPENNESS, TRADE PATTERNS, TRADE POLICIES, TRADE PREFERENCES, TRADE REFORMS, TRADING SYSTEM, TRANSPORT COSTS, UNILATERAL REFORMS, UNILATERAL TRADE, UNILATERAL TRADE REFORMS, UNSKILLED WORKERS, VOLUME OF TRADE, WAGE CONVERGENCE, WAGE DIFFERENTIALS, WAGES, WORLD TRADE,
Online Access:http://documents.worldbank.org/curated/en/2005/09/17753031/tracking-naftas-shadow-10-years-introduction-symposium
http://hdl.handle.net/10986/16472
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Summary:The North American Free Trade Agreement (NAFTA) is arguably the first case study of what may be expected from the increasing number of preferential trade agreements involving both developed and developing economies. Ten years after the treaty's inception, it is time to assess how its outcomes compare with initial expectations. The articles in this symposium issue provide insights into the effects of NAFTA on economic geography, trade, wages and migration, and foreign investment from Mexico's perspective. The contributions paint a complex post-NAFTA reality characterized by persistent intra-bloc trade barriers, interregional inequality within Mexico, labor market outcomes that seem closely tied to migration patterns and international trade and investment, and foreign investment flows that appear weakly related to trade agreements.