Regional Economic Integration: the Mexican Economy and Nafta PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Regional Economic Integration: the Mexican Economy and Nafta PDF full book. Access full book title Regional Economic Integration: the Mexican Economy and Nafta by Patricia Sanderson. Download full books in PDF and EPUB format.
Author: Patricia Sanderson Publisher: ISBN: Category : Languages : en Pages : 3
Book Description
Economic integration between two countries with very different levels of economic development generates many benefits for both countries but is not without risks, to both countries. Examining the North American Free Trade Agreement (NAFTA), as the first large scale effort at joining two of the world's leading economic powers, the United States and Canada, with a developing country, Mexico, can reveal a great deal for information for future economic integration efforts. The success of a developing country's efforts at liberalizing trade and regional economic integration depends, to a large extent, on the country's economic, political, and social infrastructure prior to the signing of the agreement. [Authors' abstract].
Author: Patricia Sanderson Publisher: ISBN: Category : Languages : en Pages : 3
Book Description
Economic integration between two countries with very different levels of economic development generates many benefits for both countries but is not without risks, to both countries. Examining the North American Free Trade Agreement (NAFTA), as the first large scale effort at joining two of the world's leading economic powers, the United States and Canada, with a developing country, Mexico, can reveal a great deal for information for future economic integration efforts. The success of a developing country's efforts at liberalizing trade and regional economic integration depends, to a large extent, on the country's economic, political, and social infrastructure prior to the signing of the agreement. [Authors' abstract].
Author: Karl-Guenther Illing Publisher: GRIN Verlag ISBN: 3638269965 Category : Business & Economics Languages : en Pages : 93
Book Description
Diploma Thesis from the year 2004 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1,3 (A), European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Economic Policy and Political Economy), language: English, abstract: In January 1994, after two and a half years of negotiation, the North American Free Trade Agreement (NAFTA) came into force. The treaty between Canada, Mexico and the United States has created the largest economic area in the world, slightly surpassing the European Union in market size. But NAFTA is also outstanding in a second aspect: it has constituted the first major regional integration arrangement between two highly developed countries, the United States and Canada, and a developing country, Mexico. The North-South nature of North American integration has polarized the debate about NAFTA from the earliest stage on. On the one hand it was unclear how much the U.S. would gain from the agreement. Would it stabilize its southern neighbor and thus benefit the U.S. economically and politically? Or would it cause the “giant sucking sound” Ross Perot feared, drawing thousands of jobs from the U.S. over the border (Thorbecke/Eigen-Zucchi 2002, p. 648)? Regarding these concerns, Canada was at most a side-player, possessing neither intense trade relations nor geographical proximity to Mexico. Mexico’s gains from NAFTA, on the other hand, seemed even more unsure. The agreement’s effects on the southern member state, whether positive or negative, were expected to be unequally greater than on the U.S. On the one hand, it seemed, Mexico could gain immensely through improved access to the North American market, increasing trade, attracting foreign investment, and importing growth and stability. On the other hand, some trade economists, such as Arvind Panagaria (1996, pp. 512-513) warned that Mexico could only lose when opening its market to its powerful northern neighbors, while receiving little in return that it would not have obtained anyway. Furthermore, would Mexico’s move towards regional integration hamper any further step into the direction of multilateral opening, after promising reforms had been started in the mid-1980s? Concerns also regarded the adverse effects of NAFTA within Mexico. These centered around large adjustment costs from sectoral restructuring and resource reallocation. This would occur if inefficient, partly subsidized Mexican industries declined after removing tariffs and non-tariff barriers, allowing the North American competition to enter the national market. In addition, would this hit mostly those Mexican regions that were poor anyway?
Author: Adrián de León-Arias Publisher: Springer Nature ISBN: 9811631689 Category : Business & Economics Languages : en Pages : 162
Book Description
In this book, the dynamics of continuity and change in the regional economic development of Mexico and the US border states are analyzed. These studies cover the last 25 years, after the first trade agreement, between a developed and a developing country, tooks place, and where international trade and investment have been combined with a set of relevant local factors such as regional innovation, industrialization patterns, multinational corporations’ modes of operation, public investment, and national content of exports. The book offers researchers a precise identification of stylized facts that characterize the pattern of regional development in Mexico and the US Southwest as well as state-of-the-art applications contrasting hypotheses from new economic geography, endogenous and neo-Schumpeterian economic growth models, and new international trade. To graduate and advanced undergraduate students in the fields of spatial geographic economics, this book offers an excellent source for its updated review of current topics on regional development in Mexico. To policy makers, the book helps to identify policy areas to reinforce the dynamics of regional development. Whereas other books have looked at the several impacts of NAFTA on national economies, productive sectors, and societies, this book analyzes the trade agreement’s impact with a long-term view across the diversity of developments of Mexico ́s regions. As well, the analysis is carried out with the perspective of prospective reforms of a renovated trade agreement between the United States and the new Mexican federal administration . The collaborators in this book are researchers who are experts at the international and national levels in the field of regional economic development. During the last 25 years they have conducted their analyses in different regions of Mexico and the United States as university researchers, advisors to state and federal governments, and as practitioners.
Author: John Bailey Publisher: Lyndon B. Johnson, School of Public Affairs ISBN: Category : Business & Economics Languages : en Pages : 348
Book Description
US and Mexican researchers in political science and economics began a research project with an April 1997 workshop at Georgetown University. Recognizing that the North American Free Trade Agreement is too recent, and the lack of a generally accepted theory of integration currently prevented an interpretive synthesis of its effects, they have assembled some descriptive studies that could contribute to such a synthesis when it does become possible. The ten studies cover society, economy, and demography; and government, politics, and public opinion. They are not indexed. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Edward J. Chambers Publisher: University of Alberta ISBN: 9781878367471 Category : Business & Economics Languages : en Pages : 528
Book Description
In the eight years since NAFTA's implementation, leaders and citizens in member countries have gained a sense of what the agreement is and is not, what it can and cannot do. NAFTA has resolved some problems but revealed (or created) others. Contributors to this volume examine NAFTA's performance and impact, the degree of support it enjoys in the member countries, prospects for short- and longer-term change, and NAFTA's place in the still-evolving world economy.
Author: Dennis Pohlmann Publisher: GRIN Verlag ISBN: 3638586235 Category : Business & Economics Languages : en Pages : 37
Book Description
Seminar paper from the year 2006 in the subject Economics - International Economic Relations, grade: 1,0, Drury University (Breech School of Business Administration), course: International Economics, language: English, abstract: Many countries are reducing trade barriers and promoting regional economic integration. A result of this is the rising of free-trade areas in which the belonging countries trade freely among themselves without tariffs or trade restrictions. One example for a free-trade area is the North American Free Trade Agreement (NAFTA) founded by the U.S., Mexico and Canada. When NAFTA took effect on January 1, 1994, it created the world ́s largest free-trade zone with a combined population of over 416 million and a total GDP of $12 trillion. Of course, the U.S., as the world ́s largest single market, dominates the North American business environment. The goal of NAFTA is to eliminate all the trade barriers between the three countries over a 15-year period, completed in 2009. NAFTA also substantially reduces, but does not completely eliminate, nontariff trade barriers like import quotas, sanitary regulations, and licensing agreements. From the beginning, NAFTA had a lot of opponents in the U.S. as well as in Mexico. For example, U.S. labor unions feared a loss in jobs because of dislocating production from the USA to Mexico by reason of lower wages. In Mexico, farmers opposed and still opposing NAFTA because of the high U.S. subsidies on agricultural products that are imported to Mexico. There were also beliefs from environmental, social justice, and other advocacy organizations stating that NAFTA has unfavorable impacts on non-economic areas like public health or environment. On the other hand, Mexican proponents supporting NAFTA argued that open trade could reduce migration from Mexico into the U.S. in the long run since NAFTA brings an improvement of the Mexican economy relative to the U.S. economy (Acevedo & Espenshade, 1992, p. 742). Between 1994 and 2003 Mexico ́s average annual GDP growth was 2.7 percent (Hufbauer & Schott, p. 2). At the first sight, NAFTA seems to be a benefit for the Mexican economy at the whole. Nevertheless, there are gainers and losers as a result of free trade. The content of this paper is to have a closer look on the Mexican economy and to answer the following three questions: 1. Can the trade pattern between Mexico and the U.S. be determined by using economic models? 2. Can the winners and losers that are resulting from the trade pattern between the U.S. and Mexico be explained with these models? 3. According to the economic models of international trade, does Mexico benefit like predicted?
Author: Kirsten Appendini Publisher: Springer ISBN: 0333994884 Category : Business & Economics Languages : en Pages : 244
Book Description
The institutions of the EU and NAFTA are critically analysed by leading American and European scholars. The book covers both the general problems of building new and integrated markets, and several policy areas that are related to economic integration. The institutions established in both Europe and America are seen as deficient in several respects. Without offering adequate replacements, the economic integration projects are actually undermining some of the core institutions that serve the needs of the market economies - institutions on which the integration process itself depends.
Author: Christos C. Paraskevopoulos Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 352
Book Description
Demonstrates that economic integration in the Americas cannot be achieved simply by removing trade barriers from between unequal partners. Drawing on the experience of European integration but offering broader analyses tailored to conditions in the Western hemisphere, examines the effects of NAFTA on Mexico and on issues such as capital mobility. social protection, migration, Canadian agricultural policy, and regionalism and multilateralism in the hemisphere. Most of the 24 papers were presented at an international conference in Toronto, May 1994. Annotation copyright by Book News, Inc., Portland, OR
Author: Patricia Sanderson
Author: Patricia Sanderson
Author: Karl-Guenther Illing
Author: Adrián de León-Arias
Author: John Bailey
Author: Edward J. Chambers
Author: J. Ernesto López Córdova
Author: Dennis Pohlmann
Author: Kirsten Appendini
Author: Carol Wise
Author: Christos C. Paraskevopoulos