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This book is a collection of timely and detailed articles on the North American Free Trade Agreement written by experts in the field who examine the Canadian, US and Mexican points of view. The scholars provide an overview as well as their insights of how NAFTA impacts on macroeconomic issues, national perspectives and bilateral issues, cross-border and industry-specific issues and the environment. This book serves as an excellent primary source of information on many of the significant aspects of NAFTA.
Only a few years ago, a proponent of a free trade agreement (FTA) between Mexico and the United States would have faced harsh criticism in Mexico, and indifference in the U.S.1 In Mexico, for decades the idea of explicitly promoting increased commercial ties with the United States, and taking part in a bargaining process with the "imperial power" to the North, was blatantly rejected in most political and academic circles. The U.S. administrations, acknowledging Mexico's feelings of distrust, probably did not consider an FTA between the two countries to be possible. Nor did the United States consider one to be desirable. Multilateralism was the prevalent trade strategy in the United States during the post-World War II period. Bilateral initiatives tended to be viewed as a diversion of institutional energies, and as counterproductive to the overall strategy.
Analyzes the economic, social, political and environmental implications of NAFTA from a range of critical perspectives. The chapters, unified by a sceptical view of the management of economic integration in North America cover the economic strategy of Mexico, Canada-US trade agreement and more.