The Coordinated Direct Investment Survey Guide 2015

This book tells the story of the energy-manufacturing nexus from the perspective of Canada, Mexico, and the United States, and the region as a whole. Using model simulations, chapters discuss the energy boom and its macroeconomic implications for the three countries individually and for the region overall. Contributions to the collection suggest that the energy boom in the United States could have a positive, although moderate, impact on GDP and manufacturing activity. In Canada, the positive direct and indirect effects of the energy boom on economic activity could be considerable, especially if infrastructure bottlenecks are relieved, and could defuse the negative impact on manufacturing activity from a stronger real exchange rate. In Mexico, recent energy reforms have the potential to greatly boost long-term GDP and manufacturing activity, although effective implementation is key. Finally, the authors review how the changing energy landscape can affect the potential benefits of greater integration across the three North American economies