Norris C. Clement - North American economic integration: theory and practice
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Cover
| title | : | North American Economic Integration : Theory and Practice |
| author | : | Clement, Norris C. |
| publisher | : | Edward Elgar Publishing, Inc. |
| isbn10 | asin | : | 1840641029 |
| print isbn13 | : | 9781840641028 |
| ebook isbn13 | : | 9781840647693 |
| language | : | English |
| subject | Free trade--North America, North America--Economic integration. | |
| publication date | : | 1999 |
| lcc | : | HF1746.N6687 1999eb |
| ddc | : | 337.1/7 |
| subject | : | Free trade--North America, North America--Economic integration. |
Page i
Page iii
North American Economic Integration
Theory and Practice
Norris C. Clement
San Diego State University, USA
Gustavo del Castillo Vera
Colegio de la Frontera Norte, Mexico
James Gerber
San Diego State University, USA
William A. Kerr, Alan J. MacFadyen, Stanford Shedd
University of Calgary, Canada
Eduardo Zepeda
Universidad Autonoma de Coahuila, Mexico
Diana Alarcn
Inter-American Development Bank, USA
Page iv
| Norris C. Clement, Gustavo del Castillo Vera, James Gerber, William A. Kerr, Alan J. MacFadyen, Stanford Shedd, Eduardo Zepeda and Diana Alarcn, 1999. |
| All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher. |
| Published by Edward Elgar Publishing Limited Glensanda House Montpellier Parade Cheltenham Glos GL50 1UA UK |
| Edward Elgar Publishing, Inc. 136 West Street Suite 202 Northampton Massachusetts 01060 USA |
| A catalogue record for this book is available from the British Library |
| Library of Congress Cataloguing in Publication Data |
| North American economic integration : theory and practice / Norris C. |
| Clement ... [et al.]. |
| Includes bibliographical references and index. |
| 1. Free trade North America. 2. North America Economic |
| integration. I. Clement, Norris C. |
| HF1746.N6687 1999 |
| 337. 1'7 dc21 99-22084 |
| CIP |
| ISBN 1 84064 102 9 |
| Printed and bound in Great Britain by Biddles Ltd, Guildford and King's Lynn |
Page v
| List of Figures | vi | |
| List of Tables | vii | |
| Notes on Authors | viii | |
| Preface | xi | |
| PART I: Introduction | 3 | |
| 1. | NAFTA in the Global Context | 5 |
| 2. | International Integration: Theory and Practice | 23 |
| 3. | The Global Economy after World War II | 67 |
| PART II: Introduction | 103 | |
| 4. | The United States after World War II | 117 |
| 5. | Canada's Economic Development and Integration | 157 |
| 6. | Mexico's Economic Development | 207 |
| PART III: Introduction | 251 | |
| 7. | North American Economic Integration: Trial by Fire | 253 |
| 8. | NAFTA and Beyond | 279 |
| References | 317 | |
| Glossary | 327 | |
| Index | 339 |
Page vi
| II.1 | Real GDP Per Capita at Market Exchange Rates,1997 | 105 |
| II.2 | GDP Per Capita at Market vs PPP Exchange Rates, 1996 | 107 |
| II.3 | US Trading Partners (Merchandise), 1997 | 108 |
| II.4 | Canadian Trading Partners (Merchandise), 1997 | 109 |
| II.5 | Mexican Trading Partners (Merchandise), 1997 | 109 |
| II.6 | Openness of the NAFTA Economies | 111 |
| II.7 | Investment as a Percentage of GDP | 113 |
| II.8 | School Enrollment, 1993 | 114 |
| II.9 | Population (in Millions) | 114 |
| 4.1 | Annual Changes in Consumer Prices, 196597 | 130 |
| 4.2 | Imports and Exports as a Percentage of GDP, 195097 | 139 |
| 4.3 | The Distribution of US Investment Abroad, 1997 | 141 |
| 4.4 | US Current Account Balance, 194697 | 142 |
| 4.5 | US-Japanese Trade, 197597 | 145 |
| 5.1 | Real Rates of Growth in Canada and the US, 196497 | 175 |
| 5.2 | Unemployment in Canada and the US, 196497 | 175 |
| 5.3 | Inflation in Canada and the US, 196497 | 176 |
| 5.4 | Index of Canadian and American Federal Government Deficits, 196494 | 177 |
| 5.5 | Exchange Rate, 196497 | 179 |
| 5.6 | Canadian and American Balance of Payments | 180 |
| 5.7 | Canadian and American Monetary Variables | 183 |
| 5.8 | Canadian and American Money Supply | 184 |
| 6.1 | Mexico's Economic Growth (GDP), 195195 | 216 |
| 6.2 | Mexico's Public External Debt, 196498 | 231 |
| 6.3 | Mexico's Inflation, 195196 | 238 |
Page vii
| 1.1 | Chronology of Important Events | 13 |
| 1.2 | North American Trade, 1989 (in millions of $US) | 15 |
| 1.3 | North American Trade, 1997 (in millions of $US) | 16 |
| 1.4 | Comparative Statistics: NAFTA Participants | 17 |
| 2.1 | Absolute Advantage (output per unit of labor) | 28 |
| 2.2 | Comparative Advantage (output per unit of labor) | 28 |
| 3.1 | Time Line: 1930 to Present | 69 |
| 4.1 | International Comparisons of Population (in thousands) | 122 |
| 4.2 | Immigrants in the US Population | 122 |
| 4.3 | International Comparisons of Per Capita GDP | 123 |
| 4.4 | A Comparison of Craft and Mass Production | 126 |
| 5.1 | 1994 Wages for Selected Occupational Groups |
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