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NAFTA Revisited: Achievements and Challenges (Institute for International Economics Monograph Titles) by Hufbauer, Gary Clyde; Schott, Jeffrey J. is a book available to read on EtoBox.

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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 since its inception, comparing actual experience with both the objectives of the agreement’s supporters and the charges of its critics. They 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. Chapter 1 describes trade, investment, and macroeconomic developments under NAFTA, beginning inauspiciously with the Mexican economic crisis of 1994 but moving on to impressive growth in trilateral trade and Mexican GDP. Chapter 2 traces the implementation of NAFTA’s dispute settlement provisions and the progress to date in implementing reforms. Chapter 3 distills and updates the findings from NAFTA and the Environment: Seven Years Later and recommends how to improve the per

Author

Hufbauer, Gary Clyde; Schott, Jeffrey J.

Publisher

Peterson Institute for International Economics

Published

2005

Language

EN

ISBN

9781435609136

Subjects

Political Science, Business, Language Learning

Updated

2026-03-24