Three-country study details effects on economies, labour markets
September 28, 2006 |
Twelve years under the rules of the North American Free Trade Agreement, or NAFTA, has had a perverse impact on the distribution of income, wealth, and political power across the continent. A new three-country report shows that NAFTA has not lived up to its promise of better jobs and faster growth for Mexico, Canada, and the United States. Instead it has promoted an integrated continental economy with rules set by and for the benefit of the political and economic elite.