01842cas a2200265 a 4500 AALejournalIMF002942 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847970 1018-5941 BD-DhAAL BD-DhAAL Kose, Ayhan. How Has Nafta Affected the Mexican Economy? : Review and Evidence / Ayhan Kose, Christopher Towe, Guy Meredith. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (49 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform. Mode of access: Internet Meredith, Guy. Towe, Christopher. IMF Working Papers; Working Paper ; No. 2004/059 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/059/001.2004.issue-059-en.xml IMF e-Library