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NAFTA at 20 - The North American Free Trade Agreement's Achievements and Challenges (Hardcover)
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NAFTA at 20 - The North American Free Trade Agreement's Achievements and Challenges (Hardcover)
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The North American Free Trade Agreement (NAFTA) was bold and
controversial from the start. When first conceived, it was far from
obvious that it would be possible given the circumstances of the
times. Drawing from a December 2013 Hoover Institution conference
on NAFTA at 20, this book brings together distinguished academics
who have studied the effects of NAFTA with high-level policy makers
to present a comprehensive view of the North American Free Trade
Agreement. It looks at the conception, creation, outcomes so far,
and the future of NAFTA from the perspective of economists,
historians, and the aforementioned policy makers in the words of
those who actually participated in the negotiations and research.
In the context of the fundamental economic and political
transformation of North America, they discuss the trade, real wage,
and welfare gains that NAFTA has produced for the United States,
Mexico, and Canada, along with a review of the major energy markets
within and among the three countries. They include lessons from
NAFTA for the future, both for NAFTA itself and for other trade
agreements, and stress the importance of political leadership and
providing information on the benefits of trade liberalization to
voters and potentially ill-informed politicians who hear most
loudly from the opponents.
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