NAFTA as a Model of Development: The Benefits and Costs of Merging High- and Low-Wage Areas - Hardcover

Hardcover

ISBN 10: 079142569X ISBN 13: 9780791425695

Verlag: State University of New York Press, 1995

Inhaltsangabe

Examines whether NAFTA will produce increased or decreased wages in the regional trading blocs emerging in Europe, North America, and East Asia as a result of its uniting of high and low wage areas and identifies the winners and losers in various labor markets.

This book discusses the North American Free Trade Agreement (NAFTA) in terms of its implications for job creation, reduced tariffs, and increased investment. Although the regional trading blocs merging in Europe, North America, and East Asia differ strikingly, there is one basic feature common to each―the formation of regional trading blocs involves a uniting of high- and low-wage areas. The authors address this issue directly, questioning whether NAFTA will promote upward or downward convergence of compensation rates, unit labor costs, and benefit levels. Equally important, they consider whether this trading arrangement will promote economic growth, investment, and efficiency. Viewpoints from the U.S., Canada, and Mexico and from the business and labor communities are included.

Über diesen Titel

Über die Autorin bzw. den Autor

Richard S. Belous is Vice President and Chief Economist at the National Planning Association and Adjunct Professor at George Washington University. Jonathan Lemco is Executive Director of the International Center for Family Enterprise, a Senior Fellow at the National Planning Association, and Adjunct Professor for Political Science at Johns Hopkins University-SAIS.

Details zur Ausgabe

• Verlag: State University of New York Press
• Erscheinungsdatum: 1995
• ISBN 10: 079142569X
• ISBN 13: 9780791425695
• Einband: Tapa dura
• Sprache: Englisch
• Anzahl der Seiten: 216
• Herausgeber: Belous Richard S., Lemco Jonathan