Lessons from NAFTA

Daniel Lederman is Senior Economist in the Office of the Chief Economist for Latin America and the Caribbean at the World Bank. William F. Maloney is Lead Economist in the Office of the Chief Economist for Latin America and the Caribbean at the World Bank. Luis Serven is Lead Specialist in the Office of the Chief Economist for Latin America and the Caribbean at the World B

"Lessons from NAFTA is important perhaps less for what it tells us about changes under a free-trade agreement and more for its nuanced and careful empirical investigation of how trade can actually make people better off. This, indeed, is the 'big story' of NAFTA and the potential for free trade agreements in the region." -- Political Science Quarterly "Lederman, Maloney, and Serven offer an excellent empirical investigation into the impacts of the North America Free Trade Agreement (NAFTA) on the Mexican economy... The authors pay close attention to the experiences of other Latin American countries and the European Union while avoiding ideological debates." CHOICE