Reevaluating NAFTA Theory and Practice
, by Hussain, ImtiazNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9781137034779 | 1137034777
- Cover: Hardcover
- Copyright: 12/24/2012
In examining NAFTA's 15-year performances empirically (asking if chapter-specific provisions/purposes were met or not), and theoretically (similarly asking to what extent regional economic integration theory tenets were fulfilled), the book finds North America resembling a spaghetti bowl: simultaneously retaining protectionist strains, building regional (collective) preferences, and seeking global extensions. Expanded trade (NAFTA Chapter 3), investment (Chapter 11), and rule-compliance (chapters, 19, 20, and the side-agreements) helped produce the longest 20th Century growth period in this region, but failed to eliminate hub-and-spoke and maquila production, leaving conspicuous developmental disparities; while foreign business penetration exposed unavoidable holes in traditional regionalism. Addressing policy-makers, scholars, and graduate students, the manuscript carries messages too relevant for every upwardly-mobile and downwardly-stranded citizens in Canada, Mexico, and the United States to ignore.