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Potential Economic Impacts of NAFTA

Potential Economic Impacts of NAFTA
Author: United States. Congress. Joint Economic Committee
Publisher:
Total Pages: 60
Release: 1993
Genre: Economic forecasting
ISBN:

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Potential Impact on the U. S. Economy and Selected Industries of the North American Free Trade Agreement

Potential Impact on the U. S. Economy and Selected Industries of the North American Free Trade Agreement
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 286
Release: 1995-10
Genre:
ISBN: 9780788125355

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Examines (1) the overall economic effects of the NAFTA on the economies of the U.S., Mexico, and Canada; (2) the key NAFTA provisions and related legal changes that may affect individual sectors; and (3) the short- and long-term impact of NAFTA on important industrial, energy, agricultural, and service sectors of the U.S. economy. Also summarizes recent economic developments in Mexico. Tables and figures.


How Has Nafta Affected the Mexican Economy? Review and Evidence

How Has Nafta Affected the Mexican Economy? Review and Evidence
Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
Total Pages: 50
Release: 2004-04-01
Genre: Business & Economics
ISBN: 1451847971

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This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.


Expanding NAFTA

Expanding NAFTA
Author: Carmen Zechner
Publisher: LIT Verlag Münster
Total Pages: 298
Release: 2002
Genre: Business & Economics
ISBN: 9783825859220

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The world economy has witnessed a sudden increase in free trade agreements, generating a renewed debate on their economic impact. In Expanding NAFTA Carmen Zechner focuses on the economic effects on Chile of the potential free trade agreement with the United States. The author creates a framework for analyzing the impact of economic integration between a developed and a developing country from the developing country's perspective. This book goes beyond earlier analyses of the static gains from free trade to examine the dynamic and more intangible effects that are critical to the welfare evaluation of trade agreements. Expanding NAFTA is an important contribution to the research on preferential trade liberalization and to understanding developing countries' trade policy choices. This book will be indispensable to anyone interested in trade policy making and the Chilean economy.


NAFTA’s Impact on Mexico’s Regional Development

NAFTA’s Impact on Mexico’s Regional Development
Author: Adrián de León-Arias
Publisher: Springer Nature
Total Pages: 162
Release: 2021-10-01
Genre: Business & Economics
ISBN: 9811631689

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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.


NAFTA to USMCA: What is Gained?

NAFTA to USMCA: What is Gained?
Author: Mary E. Burfisher
Publisher: International Monetary Fund
Total Pages: 34
Release: 2019-03-26
Genre: Business & Economics
ISBN: 1498303285

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The United States – Mexico – Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key provisions in the new agreement, including tighter rules of origin in the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel sectors, while generating modest aggregate gains in terms of welfare, mostly driven by improved goods market access, with a negligible effect on real GDP. The welfare benefits from USMCA would be greatly enhanced with the elimination of U.S. tariffs on steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed after the U.S. tariffs were put in place.


Lessons from NAFTA

Lessons from NAFTA
Author: Luis Serven
Publisher: World Bank Publications
Total Pages: 432
Release: 2004-11-15
Genre: Political Science
ISBN: 0821383744

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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. This book will be of interest to scholars and policymakers interested in international trade and development.