Business & Economics Books:

Lessons from NAFTA

for Latin America and the Caribbean
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$98.99
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Description

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.

Author Biography:

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 Serven is Lead Specialist in the Office of the Chief Economist for Latin America and the Caribbean at the World B
Release date Australia
November 19th, 2004
Audiences
  • Professional & Vocational
  • Professional & Vocational
Illustrations
77 Illustrations, unspecified
Pages
360
ISBN-13
9780804752404
Product ID
27116129

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