Nafta S First Year

This book is a collection of papers presented at the First Forum of the Americas, a congress whose main objective is to evaluate the NAFTA each year. Here, the first year of NAFTA is analyzed by distinguished scholars, public officials, and business persons from the three member countries.

Mexicans have long dreamt of the First World, and in recent times it has landed with a thud. Under the guise of globalization, Mexico opened its borders, reformed its political system, and transformed its economy. The impacts have been paradoxical. In First World Dreams Alexander Dawson explores the contradictions and challenges which Mexico has experienced in embracing the market so wholeheartedly. A vibrant civil society is marred by human rights abuses and violent rebellion. Market reforms have produced a stable economy, economic growth and great fortunes, while devastating much of the countryside and crippling domestic producers. Mexico is today one of the world's largest exporting nations, yet has a perpetually negative trade balance. It is in a constant state of becoming a democracy, a nation where human rights are respected, a modern industrial nation, and a more violent, fragmented place where the chasms of wealth and poverty threaten to undo the dreams of modernity.

The renegotiation and possible termination of the North American Free Trade Agreement (NAFTA) sparked a lot of interest and concern in light of the United States’ declared objective to “rebalance the benefits” of the agreement. This edited book provides an overview of the changes brought to the NAFTA by the United States-Mexico-Canada Agreement (USMCA) or NAFTA 2.0. Grouping leading academics and experts from the three countries, the book covers the major topics in the transition from the NAFTA to the USMCA. The book also sheds light on the evolution of North American economic integration within the past three decades and reflects on the significance of the regional integration model represented by the NAFTA and now the USMCA. The book is aimed at scholars, students, officials, professionals and interested citizens concerned by the big issues surrounding North American integration and economic globalization.