The U.S. and Mexico have been neighbors for more than two centuries. Despite intermittent attempts by Mexico to distance itself from the US out of a concern of US protectionism and its political, cultural and economic hegemony, a process of progressive economic and social integration has taken...

In this chapter, we analyze the expectations and the realities about the economic impact of NAFTA on Mexico in terms of economic convergence, trade, investment, employment, wages, and income distribution. We show that NAFTA has basically failed to fulfill the promise of closing the Mexico-U.S....