NAFTA's Promise and Reality
On the heels of NAFTA's 10th anniversary, the Carnegie Endowment for International Peace released a report concluding that the North American Free Trade Agreement failed to generate substantial job growth in Mexico, hurt hundreds of thousands of subsistence farmers there and had "minuscule" net effects on jobs in the United States.
- whether NAFTA has achieved-or is on track to achieve-its policy objectives;
- what impact it has had on the lives and livelihoods of North Americans, particularly Mexicans; and
- what lessons can be drawn for future trade policy for the US and for developing countries that negotiate trade pacts with the US.
NAFTA's Promise and Reality: Lessons from Mexico for the Hemisphere (.pdf)
by John J. Audley, Demetrios G. Papademetriou, Sandra Polaski, and Scott Vaughan (2004)