A New North America: Cooperation and Enhanced Interdependence
A useful collection of seven essays on the prospects for increased cooperation between the United States, Canada, and Mexico. Charles Doran and Sidney Weintraub stress the need to "deepen" the North American relationship before "widening" it to include other countries of the Western Hemisphere, on the plausible grounds that premature widening would derail the prospects for further cooperation within the framework of NAFTA. Several of the essays are much too narrow in focus. Drischler, for instance, confines his discussion to the effect of NAFTA on foreign direct investment in the United States, an approach that stands uncomfortably alongside the more comprehensive assessments of Mexican and Canadian perspectives by Delal Baer and Edward Safarian. Baer's essay is the best of the lot, though her assessment that U.S.-Mexican relations have entered a more treacherous phase is at odds with the sunnier perspectives of most of the other contributors.
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The Salinas regime has ardently pursued the North American Free Trade Agreement as a silver bullet to kill myriad political and economic problems. But NAFTA as it stands would exacerbate many of Mexico's enduring disparities and injustices. Short term adjustment costs and the possibility of backsliding on political reform have largely been overlooked. NAFTA must be designed to contribute to political reform. Otherwise, postponing the accord would not weaken Mexico-only Salinas.
Covers US foreign policy in Latin America during 1988, discussing (1) Nicaragua (2) Panama and the Noriega problem (3) drug trafficking (4) the progress towards democracy (5) the debt crisis. Concludes that future US policy will have to centre around Mexico and the Caribbean basin, but that this should not obscure America's long-term interest in a steadily-improving economic situation throughout Latin America.
Exaggerated claims and charges are obscuring the facts about the North American Free Trade Agreement. Over time, in almost every instance, what's good for Mexico would also be good for the United States.
