NAFTA Revisited: Achievements and Challenges

by Gary Clyde Hufbauer and Jeffrey J. Schott
assisted by Paul L. E. Grieco
October 2005
Book Description

NAFTA entered into force in 1994 after a bitter Congressional debate. But NAFTA in operation has proved no less controversial than NAFTA before ratification, for both supporters and opponents of trade liberalization have cited experience with the agreement to justify their positions. To provide a factual basis for this ongoing debate, the authors evaluate NAFTA's performance over the first seven years, comparing actual experience with both the objectives of the agreement's supporters and the charges of its critics. They then examine future challenges and opportunities in the trade and investment relationships among the three partner countries and the broader implications for new trade initiatives throughout the hemisphere.

Selected chapters and sections are provided for preview only.



1. Overview [pdf]

2. Labor [pdf]

3. Environment

4. Dispute Settlement Systems

5. Agriculture

6. The Automotive Sector

7. Energy [pdf]

8. Mexico-US Migration

9. Recommendations for North American Economic Integration [pdf]



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Book Data

October 2005
ISBN paper 0-88132-334-9
544 pp.

Commentaries on This Book

"Every international economist will want a copy of this exemplary analysis of public policy on his or her bookshelf."

Foreign Affairs

"This is an excellent introduction to the economics of the agreement and will serve as a useful reference for those seeking to learn more about NAFTA. Highly Recommended."


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