Download or read book Who Benefited from Trade Liberalization in Mexico written by Alessandro Nicita and published by World Bank Publications. This book was released on 2004 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Who Benefited from Trade Liberalization in Mexico Measuring the Effects on Household Welfare written by Alessandro Nicita and published by . This book was released on 2016 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study performs an ex-post analysis of the effects of the trade liberalization in Mexico between 1989 and 2000, taking into account regional differences in the Mexican economy. The effects of trade liberalization are first translated into changes in regional prices and wages. Those estimates are plugged into a farm-household model to estimate the effect on households' welfare.The findings suggest that trade liberalization has affected domestic prices and labor income differently both across income groups and geographically across the country, hence producing diverse outcomes on different households. Regarding prices, the results indicate that trade liberalization has lowered relative prices of most non-animal agricultural products and, while reducing the cost of consumption, has reduced households' agricultural income, widening the income gap between urban and rural areas. The findings also show that trade liberalization has had diverse effects on wage rates. Skilled workers, for which trade liberalization has produced an increase in wages, have benefited relative to unskilled workers. Wages of unskilled workers have in many regions decreased as a result of trade liberalization. Similar differences are found in the geographic distribution of the benefits of trade liberalization, with the states closest to the U.S. border gaining threefold more relative to the least developed states in the south. Therefore trade liberalization, although beneficial, has contributed to an increase in inequality between the south and the north of the country, urban and rural areas, and skilled and unskilled labor.From a poverty perspective, the trade liberalization that occurred between 1989 and 2000 has had the direct effect of reducing poverty by about 3 percent, therefore lifting approximately 3 million individuals out of poverty.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to study the linkages between trade and poverty.
Download or read book How Has Nafta Affected the Mexican Economy Review and Evidence written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2004-04-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
Download or read book U S Mexico Economic Relations written by M. Angeles Villarreal and published by DIANE Publishing. This book was released on 2011-04 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico has a population of about 111 million people, making it the most populous Spanish-speaking country in the world. Contents of this report: (1) Intro.; (II) U.S.-Mexico Econ. Trends: Mexico-U.S. Bilateral Foreign Direct Invest.; Mexico¿s Export-Oriented Assembly Plants; Worker Remittances to Mexico; Security and Prosperity Partnership of N. Amer.; (3) The Mexican Economy: Economic Reforms; Effects of the Global Financial Crisis; Poverty; Regional Free Trade Agree.; (4) NAFTA and the U.S.-Mexico Econ. Relationship; (5) U.S.-Mexico Trade Relations: Trucking Issue: Truck Pilot Program; Mexico¿s Retaliatory Tariffs; Other Trade Issues; (6) Policy Issues. Charts and tables. This is a print on demand publication.
Download or read book Trade Liberalization Between Mexico and the United States written by Alejandro Violante and published by . This book was released on 1985 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Big Business the State and Free Trade written by Strom C. Thacker and published by Cambridge University Press. This book was released on 2000-10-16 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains trade policy coalition politics and the opening of Mexico's economy.
Download or read book Trade Liberalization Stabilization and Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 1990-01-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: While inflation slowed sharply in Mexico during 1988, imports surged. Although the growth of domestic absorption could be attributed to a higher fiscal deficit, deriving from sharply higher domestic interest rates, this paper argues that the recovery of private investment was the main driving force, as the private sector saved most of its interest income on public debt. The paper also analyzes some of the costs and benefits associated with trade liberalization. While there is no evidence yet that trade liberalization contributed decisively to price stabilization, it may have played an important role in stimulating exports and investment.
Download or read book Trade Liberalization Between Mexico and the United States written by Alejandro Antonio Violante Morlock and published by . This book was released on 1987 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spatial Dimensions of Trade Liberalization and Economic Convergence written by Patricio Aroca and published by World Bank Publications. This book was released on 2005 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the spatial dimension of growth in Mexico over the past three decades. The literature on regional economic growth shows a decrease in regional dispersion from 1970 to 1985, and a sharp increase afterward coinciding with the trade liberalization of the Mexican economy. Using spatial econometric, tools the authors analyze how the process of convergence/divergence has mapped spatially and whether it makes sense to talk about spatial regions in Mexico. Although the rich North-poor South dichotomy has dominated this phenomenon, interesting patterns emerge. Namely the distribution of growth after Mexico's post-liberalization seems to be much less associated with distance to the United States than the authors had initially expected.
Download or read book Changes in the Distribution of Income in M xico and Trade Liberalization written by Diana Alarcón González and published by Colegio de La Frontera Norte. This book was released on 1994 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Study examines trends in income distribution in Mexico during the period of trade and economic liberalization. Makes the obvious but often ignored point that the prediction of orthodox theory can turn out to be false if its assumptions are not fulfilled and if offsetting forces are at work. The study's detailed analysis of the effective protection rates in 1989 shows how inadequate reforms have been as far as the promotion of efficient resource allocation"--Handbook of Latin American Studies, v. 57.
Download or read book Contested State written by Blanca Heredia and published by . This book was released on 1996 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Free Trade with Mexico and the Hemisphere written by Siegfried Marks and published by [Coral Gables, Flor.] : North-South Center, University of Miami. This book was released on 1991 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book From Trade Liberalization to Economic Integration written by Enrique Dussel Peters and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Benefits and Costs of Regional Integration The Impact of NAFTA on the Mexican Economy written by Karl-Guenther Illing and published by GRIN Verlag. This book was released on 2004-04-20 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2004 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1,3 (A), European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Economic Policy and Political Economy), language: English, abstract: In January 1994, after two and a half years of negotiation, the North American Free Trade Agreement (NAFTA) came into force. The treaty between Canada, Mexico and the United States has created the largest economic area in the world, slightly surpassing the European Union in market size. But NAFTA is also outstanding in a second aspect: it has constituted the first major regional integration arrangement between two highly developed countries, the United States and Canada, and a developing country, Mexico. The North-South nature of North American integration has polarized the debate about NAFTA from the earliest stage on. On the one hand it was unclear how much the U.S. would gain from the agreement. Would it stabilize its southern neighbor and thus benefit the U.S. economically and politically? Or would it cause the “giant sucking sound” Ross Perot feared, drawing thousands of jobs from the U.S. over the border (Thorbecke/Eigen-Zucchi 2002, p. 648)? Regarding these concerns, Canada was at most a side-player, possessing neither intense trade relations nor geographical proximity to Mexico. Mexico’s gains from NAFTA, on the other hand, seemed even more unsure. The agreement’s effects on the southern member state, whether positive or negative, were expected to be unequally greater than on the U.S. On the one hand, it seemed, Mexico could gain immensely through improved access to the North American market, increasing trade, attracting foreign investment, and importing growth and stability. On the other hand, some trade economists, such as Arvind Panagaria (1996, pp. 512-513) warned that Mexico could only lose when opening its market to its powerful northern neighbors, while receiving little in return that it would not have obtained anyway. Furthermore, would Mexico’s move towards regional integration hamper any further step into the direction of multilateral opening, after promising reforms had been started in the mid-1980s? Concerns also regarded the adverse effects of NAFTA within Mexico. These centered around large adjustment costs from sectoral restructuring and resource reallocation. This would occur if inefficient, partly subsidized Mexican industries declined after removing tariffs and non-tariff barriers, allowing the North American competition to enter the national market. In addition, would this hit mostly those Mexican regions that were poor anyway?
Download or read book Foreign Investment in Mexico After Economic Reform written by Jorge Máttar and published by United Nations Publications. This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication reviews the economy of Mexico, and is divided into four main sections: the behaviour of aggregate investment and its relationship to the growth process; trends and performance of foreign direct investment (FDI); the behaviour and determining factors of investment in manufacturing; and the impact of investment patterns on the manufacturing industry's structure and export performance.
Download or read book Development and Growth in the Mexican Economy written by Juan Carlos Moreno-Brid and published by Oxford University Press. This book was released on 2009-04-23 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.
Download or read book Trade Liberalization in Mexico and the North American Free Trade Agreement written by Carlos Cabeza Reséndez and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
