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Economic Theory Commons

Open Access. Powered by Scholars. Published by Universities.®

1995

The University of Maine

Articles 1 - 2 of 2

Full-Text Articles in Economic Theory

Nafta Integration: Unproductive Finance And Real Unemployment, Melvin Burke Apr 1995

Nafta Integration: Unproductive Finance And Real Unemployment, Melvin Burke

School of Economics Faculty Scholarship

NAFTA did not begin on January 1, 1994, but rather, many years earlier in 1988 with the Canadian/USA Free Trade Agreement and with President Carlos Salinas de Gortari's economic reforms. The latest Mexican crisis is but the historic continuation of its 1982 debt crisis. Both are part of the larger global stagnation crisis which began in the 1970s and continues today. NAFTA is not a free trade agreement, but rather the creation of a North American trade block, designed and implemented by American multinational corporations to obtain a greater share of a stagnant global output. It is not a "win, …


La Economía Política Del Tlc, La Crisis Global Y México, Melvin Burke Jan 1995

La Economía Política Del Tlc, La Crisis Global Y México, Melvin Burke

School of Economics Faculty Scholarship

El Tratado de Libre Comercio (TLC)1 acordado entre Canadá, Estados Unidos y México es una extensión lógica y probablemente inevitable del Tratado de Libre Comercio entre Estados Unidos y Canadá. Ambos acuerdos son controvertidos y, con buena razón, existe una oposición pública masiva a ellos. Nunca se ha podido dar una explicación creíble sobre la necesidad del acuerdo a la población de estas tres democracias. Contrariamente a las afirma-ciones de los propulsores y de los gobiernos responsables de estos acuerdos, no existen garantías de que se consigan los beneficios netos señalados por ellos. Tampoco está claro quiénes saldrán beneficiados y …