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NAFTA Revisited: Achievements and Challenges

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  • Gary Clyde Hufbauer

    (Peterson Institute for International Economics)

  • Jeffrey J. Schott

    (Peterson Institute for International Economics)

Abstract

NAFTA entered into force in 1994 after a bitter Congressional debate. But NAFTA in operation has proved no less controversial than NAFTA before ratification, for both supporters and opponents of trade liberalization have cited experience with the agreement to justify their positions. To provide a factual basis for this ongoing debate, the authors evaluate NAFTA's performance over the first seven years, comparing actual experience with both the objectives of the agreement's supporters and the charges of its critics. They then examine future challenges and opportunities in the trade and investment relationships among the three partner countries and the broader implications for new trade initiatives throughout the hemisphere.

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Bibliographic Info

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This book is provided by Peterson Institute for International Economics in its series Peterson Institute Press: All Books with number 332 and published in 2005.

ISBN: 978-0-88132-334-4
Handle: RePEc:iie:ppress:332

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Cited by:
  1. Gary A. Dymski, 2011. "Limits of Policy Intervention in a World of Neoliberal Mechanism Designs: Paradoxes of the Global Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(3), pages 285-308, September.
  2. Lipford Jody W. & Yandle Bruce, 2011. "NAFTA, Environmental Kuznets Curves, and Mexico's Progress," Global Economy Journal, De Gruyter, vol. 10(4), pages 1-20, January.
  3. John McLaren & Shushanik Hakobyan, 2010. "Looking for Local Labor Market Effects of NAFTA," NBER Working Papers 16535, National Bureau of Economic Research, Inc.
  4. Robert A. Blecker, 2008. "External Shocks, Structural Change, and Economic Growth in Mexico 1979–2006," Working Papers 2008-04, American University, Department of Economics.
  5. Andrei STOIAN & Radu BECHERESCU, 2013. "Financial Crises Of The Last Two Decades And The Issues To Be Addressed," SEA - Practical Application of Science, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 200-211, June.
  6. Robert A. Blecker, 2006. "Macroeconomic and Structural Constraints on Export-Led Growth in Mexico," Working Papers 2006-05, American University, Department of Economics.
  7. Meilke, Karl & Rude, James & Zahniser, Steven, 2006. "The Search for "NAFTA Plus"," 2006 NAAMIC Workshop III: Achieving NAFTA Plus 163881, North American Agrifood Market Integration Consortium (NAAMIC).
  8. Gary Clyde Hufbauer & Yee Wong, 2005. "Prospects for Regional Free Trade in Asia," Working Paper Series WP05-12, Peterson Institute for International Economics.
  9. Blecker, Robert A. & Esquivel, Gerardo, 2010. "NAFTA, Trade, and Development," University of California at San Diego, Center for U.S.-Mexican Studies qt07f5g232, Center for U.S.-Mexican Studies, UC San Diego.
  10. Petra Fleischer & Ross Maller & Gernot Müller, 2011. "A Bayesian analysis of market information linkages among NAFTA countries using a multivariate stochastic volatility model," Journal of Economics and Finance, Springer, vol. 35(2), pages 123-148, April.
  11. Robert A. Blecker & Gerardo Esquivel, 2010. "NAFTA, Trade and Development (Robert A. Blecker and Gerardo Esquivel)," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 11(4), pages 17-30, December.
  12. Prud'homme, Dan, 2011. "An SIA analysis of the Investment Chapter in the EU-Canada Comprehensive Economic and Trade Agreement (CETA)," MPRA Paper 44014, University Library of Munich, Germany.
  13. Plummer, Michael G., 2012. "The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific," ADBI Working Papers 384, Asian Development Bank Institute.
  14. Robert C. Feenstra, 2007. "Globalization and Its Impact on Labour," wiiw Working Papers 44, The Vienna Institute for International Economic Studies, wiiw.
  15. Blecker, Robert A., 2009. "External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2007," World Development, Elsevier, vol. 37(7), pages 1274-1284, July.

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