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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
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Searching... | 30000003666314 | KDZ944.A41992 N67 1994 | Open Access Book | Book | Searching... |
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Summary
Summary
After years of debate and a turbulent passage through Congress, The North American Free Trade Agreement came into effect on 1st January 1994. The agreement heralds a new era in North America's economic and political behavior and will dominate the international economic arena of the western hemisphere in the coming decades. In order to understand the implications and challenges of NAFTA on both a domestic and international level, this book examines the corporate, managerial and financial consequences for the participating countries (United States, Canada and Mexico), as well as the wider impact of economic regionalism in the new world order, especially in relation to the European Union. An overview of the agreement itself is followed by analysis from an external perspective and an examination of intra-regional issues.
Reviews 1
Choice Review
Twenty chapter-length studies by 32 mostly academic experts in international economics from Canada, the US, and Mexico attempt to predict some of the consequences of NAFTA for such things as the economic development of Mexico and Latin America in general, the attitudes and strategies of North American business managers, banks and financial markets, and foreign direct investment within the continent. Unsurprisingly, the level of sophistication varies greatly from one study to another, and the selection of topics covered seems rather unsystematic, almost random. However, the editors provide straightforward summaries of the content and implications of the NAFTA agreement, of its legislative passage, and of the contents of the 20 studies. Upper-division undergraduates will benefit from the summaries and from the less technical of the studies, and professionals may find value in the econometrics of the more technical ones. For better integrated and more comprehensive but less up-to-date accounts of NAFTA, see William A. Orme's Continental Shift: Free Trade & the New North America (CH, Mar'94) or Gary Clyde Hufbauer and Jeffrey J. Schott's NAFTA: An Assessment (CH, Sep'93). J. W. Nordyke; New Mexico State University
Table of Contents
(Section headings) |
Preface |
Introduction |
An overview |
Corporate and managerial issues |
Impact of NAFTA on financial and securities markets |
Foreign direct investment and taxation within NAFTA |
Notes on contributors |
References |
Author index |
Subject index |