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Publication Date: October 2004
Publisher: Center for Economic and Policy Research
Author(s): Mark Weisbrot; David Rosnick; Dean Baker
Research Area: Trade
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.