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Lessons from NAFTA (Latin American Development Forum)

The World Bank




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 | #3192007 in eBooks |  2004-11-15 |  2004-11-15 | File type: PDF

|| |"Lessons from NAFTA is important perhaps less for what it tells us about changes under a free-trade agreement and more for its nuanced and careful empirical investigation of how trade can actually make people better off. This, indeed, is the 'big story'

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 ...

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