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Getting Mexico to Grow with NAFTA: The World Bank's Analysis

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Publication Date: October 2004

Publisher(s): Center for Economic and Policy Research

Author(s): Mark Weisbrot; David Rosnick; Dean Baker

Topic: Trade (Common markets, free trade associations, and monetary unions)

Keywords: Income per capita; Purchasing power; Monetary exchange

Type: Report

Coverage: Mexico

Abstract:

Ten years after NAFTA went into effect, the World Bank reported that Mexico’s economic growth improved under the treaty. This paper explores how the World Bank reached those conclusions and their subsequent revisions and shows that its methodology, when applied correctly, does not show that NAFTA increased Mexico's growth.