With European Monetary Union well underway, Europe is starting to look at nearby countries and culturally closer continents to define its strategies for the future. In this book, chapters by leading Mexican economists are matched with reactions from European colleagues. They offer a novel viewpoint on the critical assessment of the North American Free Trade Area (NAFTA) process, and its implications for the economies of the two continents.
Author(s): Lionella Punzo
Edition: 1
Year: 2001
Language: English
Pages: 320
Book Cover......Page 1
Title......Page 4
Contents......Page 5
List of tables......Page 12
List of figures......Page 15
Acknowledgments......Page 16
Preface......Page 17
Notes on contributors......Page 24
Paths to convergence and monetary union(s)......Page 28
Currency boards and monetary unions: The road ahead or a cul de sac for Mexico's exchange rate policy? DAVID IBARRA AND JUAN CARLOS MORENO-BRID......Page 30
Is a convergence path of monetary policies possible under the North American Free Trade Agreement? LUIS MIGUEL GALINDO AND HORACIO CATALN......Page 48
Comments FRANCESCO FARINA......Page 73
Mexico's foreign sector, the exchange rate, trade and productive structures......Page 78
The external relationship of the Mexican economy with the United States, and its implications beyond trade MARA ELENA CARDERO......Page 80
Exchange rate and competitiveness PABLO RUIZ-NPOLES......Page 105
Vertical integration and comparative advantages FIDEL AROCHE REYES......Page 129
Comments BODO HILGERS AND JRGEN MECKL......Page 142
Sectorial performance in manufacturing, industrial organization and the innovation system during the trade liberalization process......Page 148
Integration and polarization: Mexico's economy since 1988 ENRIQUE DUSSEL PETERS......Page 150
Liberalization policies and Mexico's competitiveness: Are technological capabilities upgraded or downgraded? MARIO CIMOLI......Page 174
Trade integration and sectorial productivity FLOR BROWN AND LILIA DOMNGUEZ......Page 201
Comments: International openness, dualism and growth JEAN-LUC GAFFARD AND MICHEL QUR......Page 217
Regional divergence and structural policies......Page 224
Structural divergence and the dynamics of dualism: Lessons from Mexico before and after NAFTA MARTN PUCHET ANYUL AND LIONELLO F. PUNZO......Page 226
Regional policies in the North American and European integration agreements SRAH MARTNEZ PELLGRINI......Page 270
11......Page 289
Comments OLIVER FABEL AND BODO HILGERS......Page 308
Index......Page 314
