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Mexico: economic growth, exports and industrial performance after NAFTA

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  • Moreno Brid, Juan Carlos
  • Rivas Valdivia, Juan Carlos
  • Santamaría, Jesús

Abstract

This article concerns Mexico's industrial policy and economic performance, focusing on an analysis of the structural changes associated with NAFTA that have occurred in the country's manufacturing sector. The purpose of the article is to improve our understanding of why the post-NAFTA evolution of the Mexican economy has been characterized by lights and shadows, with low inflation, low budget deficit and a surge in non-oil exports, and on the other hand a slower than expected expansion of economic activity and employment. The article also presents some implications of economic policy that are essential for formulating a new development agenda in Mexico by which the country can finally succeed in its endeavour to attain high and sustained economic growth.

Suggested Citation

  • Moreno Brid, Juan Carlos & Rivas Valdivia, Juan Carlos & Santamaría, Jesús, 2005. "Mexico: economic growth, exports and industrial performance after NAFTA," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4963, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col031:4963
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    1. Dussel Peters, Enrique, 2004. "Propuestas de política para mejorar la competitividad y la diversificación de la industria maquiladora de exportación en Honduras ante los retos del CAFTA," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4944, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Avalos, Marcos & Schatán, Claudia, 2004. "Condiciones de competencia en el contexto internacional: Cemento, azúcar y fertilizantes en Centroamérica," EGAP Working Papers 2004-08, Tecnológico de Monterrey, Campus Ciudad de México.
    3. Dussel Peters, Enrique, 2001. "Un análisis de la competitividad de las exportaciones de prendas de vestir de Centroamérica utilizando los programas y la metodología CAN y MAGIC," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4875, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Jha, Raghbendra & Schatan, Claudia, 2001. "Debt for nature: a swap whose time has gone?," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4961, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Gammage, Sarah & Schmitt, John, 2004. "Los inmigrantes mexicanos, salvadoreños y dominicanos en el mercado laboral estadounidense: las brechas de género en los años 1990 y 2000," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4940, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Máttar, Jorge & Moreno Brid, Juan Carlos & Peres Núñez, Wilson, 2002. "Foreign investment in Mexico after economic reform," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4876, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Bowles, Paul & Moreno Brid, Juan Carlos, 2006. "The political economy of Mexico's dollarization debate," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 4981, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Escobar Gamboa, Octavio Romano, 2009. "IDE entrants, exportations et productivité manufacturière : les différentes performances des régions mexicaines," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/3850 edited by Guillochon, Bernard.
    3. Waithe, Kimberly & Lorde, Troy & Francis, Brian, 2010. "Export-led Growth: A Case Study of Mexico," MPRA Paper 95557, University Library of Munich, Germany.
    4. Gonzalez-Martinez, Ana Citlalic & Schandl, Heinz, 2008. "The biophysical perspective of a middle income economy: Material flows in Mexico," Ecological Economics, Elsevier, vol. 68(1-2), pages 317-327, December.
    5. Petrecolla, Diego, 2007. "Best practices in defence of competition in Argentina and Brazil: useful aspects for Central America," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 5006, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Octavio R. Escobar Gamboa, 2010. "The (un)lucky neighbour: Differences in export performance across Mexico's states," Papers in Regional Science, Wiley Blackwell, vol. 89(4), pages 777-799, November.
    7. Moritz Cruz, 2008. "Can Free Trade Guarantee Gains from Trade?," WIDER Working Paper Series RP2008-97, World Institute for Development Economic Research (UNU-WIDER).
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    9. Escaith, Hubert, 2021. "Revisiting constant market share analysis: An exercise applied to NAFTA," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 47123, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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