Mexico relies more than most other countries on free trade agreements to fuel economic development. In the 1990s, the North American Free Trade Agreement helped solidify Mexico’s return to democracy, and, given that international trade accounts for more than 60 percent of Mexico’s economy, no Mexican president can do without a clear strategy for fostering better access to foreign markets. But while President Enrique Pena Nieto claims that the economy is the highest priority on his agenda, his administration has yet to spell out how Mexico will trade with the world.
Pena Nieto has inherited a plan to expand Mexico’s access to Asian markets via the Trans-Pacific Partnership. Initially, the idea behind the TPP was to boost market access among a smattering of small economies in Asia and Latin America whose domestic markets are too small to allow their manufacturers to compete against countries with larger domestic markets. ...
To read the rest, sign up to try World Politics Review
Sign up for two weeks of free access with your credit card. Cancel any time during the free trial and you will be charged nothing.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- Strategic Horizons: For Hint of Iraq’s Future, Take Another Look at Vietnam War
- World Citizen: BRICS Still Have a Long Way to Go From Grouping to Alliance
- Scandals Upend Bachelet’s Reform Agenda—and Chile’s Political Class
- Reality Check: The Real Iraq War Debate’s Lessons for U.S. Foreign Policy
- Latin America Weighs Risk and Rewards of Shale Revolution