Publication: Lessons from NAFTA for Latin America and the Caribbean
Date
2004-11
ISSN
Published
2004-11
Author(s)
Abstract
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.
Citation
“Lederman, Daniel; Maloney, William F.; Servén, Luis. 2004. Lessons from NAFTA for Latin America and the Caribbean. Latin American Development Forum;. © Palo Alto, CA: Stanford University Press; Washington, DC: World Bank. http://openknowledge.worldbank.org/handle/10986/14457 License: CC BY 3.0 IGO.”