Should Mexican agriculture be liberalized? If so, how fast should this be done, and what policies should accompany the transition? We use Mexican agriculture as a case study to analyze the transition problems that arise in most major economic reforms. We focus on the implications for policy...

At what speed should Mexican agriculture be incorporated into the North American Free Trade Agreement (FTA)? What policies should characterize the transition? We use Mexican agriculture as a case study to analyse the transition problems that arise in most major economic reforms. In particular,...

How fast should Mexican agriculture be incorporated into the North American Free Trade Agreement? The authors focus on the implications for policy design of the absence of efficient capital markets on the welfare costs of reforming gradually, on incentive problems created by trade adjustment...