Tornell, Aaron; Westermann, Frank; Martinez Trigueros, … - 2021
Mexico, a prominent liberalizer, failed to attain stellar gross domestic product (GDP) growth in the 1990s, and since … 2001 its GDP and exports have stagnated. In this paper we argue that the lack of spectacular growth in Mexico cannot be … blamed on either the North American Free Trade Agreement (NAFTA) or the other reforms that were implemented, but on the lack …