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NAFTA to USMCA : what is gained?
Burfisher, Mary E.; Lambert, Frederic; Matheson, Troy - 2019
The United States - Mexico - Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize … steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed …
Persistent link: https://www.econbiz.de/10012009997
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How Has Nafta Affected the Mexican Economy? : Review and Evidence
Kose, M. Ayhan - 2004
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The … effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … facts and recent empirical research. The paper concludes by drawing lessons from Mexico''s NAFTA experience for policymakers …
Persistent link: https://www.econbiz.de/10014404062
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Economic Integration, Business Cycle, and Productivity in North America
Kose, M. Ayhan - 2004
This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement (CUSFTA), have led to a substantial expansion of trade...
Persistent link: https://www.econbiz.de/10014400637
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Performance of Western Hemisphere Trading Blocs : A Cost-Corrected Gravity Approach
Croce, Enzo - 2004
We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and trade diversion went hand in hand; for the Central American...
Persistent link: https://www.econbiz.de/10014404140
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Spillovers Across Nafta
Bayoumi, Tamim - 2008
world-the United States, euro area, Japan, and the rest of the world-to Canada and Mexico, and decomposing the impact of … can be accounted for by the ""Great Moderation"" in U.S. growth. Before 1996, domestic volatility in Mexico swamped the ….S. shock-""when the U.S. sneezes, Mexico catches a cold"". These spillovers are transmitted through both trade and financial …
Persistent link: https://www.econbiz.de/10014401401
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Monetary and Exchange Rate Arrangements for Nafta
Eichengreen, Barry J. - 1993
This paper considers the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area. NAFTA is compared with the EC, a regional grouping for which initial plans for a monetary union are already in place. Most of the anticipated benefits from a...
Persistent link: https://www.econbiz.de/10014396278
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Central America, Panama, and the Dominican Republic : trade integration and economic performance
Medina Cas, Stephanie; Swiston, Andrew; Barrot, Luis-Diego - 2012
This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade integration. CAPDR countries have enacted many free trade agreements and other...
Persistent link: https://www.econbiz.de/10009622936
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The African Continental Free Trade Agreement : welfare gains estimates from a general equilibrium model
Abrego, Lisandro E.; Amado, Maria Alejandra; Gursoy, Tunc; … - 2019
In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a...
Persistent link: https://www.econbiz.de/10012102028
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Are Regional Trade Agreements in Asia Stumbling or Building Blocks? : Some Implications for the Mekong-3 Countries
Tumbarello, Patrizia - 2007
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable ""noodle bowl"" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10014400352
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Safta : Living in a World of Regional Trade Agreements
Rodríguez-Delgado, Jose Daniel - 2007
The paper evaluates the South Asia Free Trade Agreement (SAFTA) within the global structure of overlapping regional trade agreements (RTAs) using a modified gravity equation. First, it examines the effects of the Trade Liberalization Program which started in 2006. SAFTA would have a minor effect...
Persistent link: https://www.econbiz.de/10014403021