Productive Restructuring and Integration: nafta, 20 Years Later

When the North American Free Trade Agreement (NAFTA) entered into force, there were expectations of stronger growth, more jobs and improved living conditions in Mexico, the United States and Canada. Twenty years later, although progressive productive integration has been achieved, its effects have b...

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Detalles Bibliográficos
Autor: Ruiz, Clemente
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2024
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Problemas del Desarrollo. Revista Latinoamericana de Economía
Idioma:español
inglés
OAI Identifier:oai:ojs.pkp.sfu.ca:article/47186
Acceso en línea:https://www.probdes.iiec.unam.mx/index.php/pde/article/view/47186
Access Level:acceso abierto
Palabra clave:Commercial exchange
productive integration
global value chains
foreign investment
job
intercambio comercial
integración productiva
cadenas globales de valor
inversión extranjera
empleo
Descripción
Sumario:When the North American Free Trade Agreement (NAFTA) entered into force, there were expectations of stronger growth, more jobs and improved living conditions in Mexico, the United States and Canada. Twenty years later, although progressive productive integration has been achieved, its effects have been tremendously disparate, and welfare standards have diverged. This article proposes that the most positive aspect of the relationship between Mexico and other NAFTA members has, undoubtedly, been the development of global value chains, which emerged from enormous growth in trilateral trade. Finally, this work offers some reflections to bear in mind for the future of the agreement, aiming to build more solid and mutually beneficial economic and social relationships among the three countries.