• Medientyp: E-Book; Bericht
  • Titel: Trade liberalisation in Mexico: Rhetoric and reality
  • Beteiligte: Pacheco-López, Penélope [Verfasser:in]; Thirlwall, Anthony P. [Verfasser:in]
  • Erschienen: Canterbury: University of Kent, Department of Economics, 2004
  • Sprache: Englisch
  • Schlagwörter: C22 ; F32 ; Balance of payments ; F14 ; Zahlungsbilanz ; Foreign direct investment ; Trade liberalisation ; Mexico ; Wirtschaftswachstum ; F13 ; Außenhandelsliberalisierung ; NAFTA-Staaten ; F43 ; Economic growth ; Mexiko ; Direktinvestition ; NAFTA
  • Entstehung:
  • Anmerkungen: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Beschreibung: This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since liberalisation has been only one-half the rate pre-liberalisation and we attribute this deteriorating performance to a rise in the income elasticity of demand for imports (partly associated with an increase in foreign direct investment with a high import content) which has not been compensated by a sufficiently fast growth of exports, leading to severe balance of payments difficulties. Mexican exchange rate policy has not helped the situation.
  • Zugangsstatus: Freier Zugang