Kose, M. Ayhan; Towe, Christopher M.; Meredith, Guy - International Monetary Fund (IMF) - 2004
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The … effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners … facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers …