NAFTA at 20

NAFTA at 20

The North American Free Trade Agreement's Achievements and Challenges

Editor: Michael J. Boskin
ISBN: 978-0-8179-1814-9
Publication Date: 10/1/2014

An expert’s look at NAFTA by the people who made it happen and the academics evaluating it

The North American Free Trade Agreement (NAFTA) was bold and controversial from the start. When first conceived, it was far from obvious that it would be possible given the circumstances of the times. This book presents an expert view of NAFTA from the perspective of economists, historians, and policy makers in the words of those who negotiated it and whose research evaluates it. The contributors describe NAFTA’s origins, from when the idea was born to its goals, detailing the give-and-take in the negotiations, the extensive consultation with business and labor groups in their respective countries, and the complex navigation of US congressional approval.

In the context of the fundamental economic and political transformation of North America, they discuss the trade, real wage, and welfare gains that NAFTA has produced for the United States, Mexico, and Canada, along with a review of the major energy markets within and among the three countries. They conclude with a discussion of the lessons from NAFTA for the future of both NAFTA itself and other trade agreements, stressing the fundamental importance of political leadership and informing voters and potentially ill-informed politicians, who hear most loudly from the opponents, about the benefits of trade liberalization.

AUTHORS: Kyle Bagwell, Michael J. Boskin, Lorenzo Caliendo, Caroline Freund, Stephen Haber, Carla A. Hills, Jaime Serra Puche, George P. Shultz, Thomas F. Stephenson, James L. Sweeney, John B. Taylor, Daniel Trefler, and Michael H. Wilson

In Stock
Buy This Book »
Available Formats:
  • Cloth $19.95
  • Paper $14.95
  • EPUB $10.99
  • Mobipocket $10.99
  • PDF $10.99

Michael J. Boskin

Michael J. Boskin is a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University. He is also a research associate at the National Bureau of Economic Research. In addition, he serves on several federal advisory panels and as an adviser to presidents and prime ministers, finance ministries, and central banks around the world, from the United States to China.


Review and Rate this Item
Be the first to submit a review on this product!
Review and Rate this Item



List of Figures and Tables




Michael J. Boskin

ONE      NAFTA: From Conception to Creation
Presenters      Michael H. Wilson, Jaime Serra Puche, Carla A. Hills, Mickey Kantor
Comments      George P. Shultz, Daniel Trefler, Michael J. Boskin

TWO      Mexico and Canada Before and After NAFTA
Presenters      Stephen Haber, Daniel Trefler
Comments      John B. Taylor, George P. Shultz, Michael H. Wilson, Carla A. Hills, Jaime Serra Puche, Michael J. Boskin, Lorenzo Caliendo

THREE      The New North America
Presenters      George P. Shultz
Comments      Caroline Freund, Michael H. Wilson, Michael J. Boskin, Jaime Serra Puche, Mary O'Grady, Carla A. hills, Brian Lippey

FOUR      Evaluating the Effects of NAFTA
Presenters      Lorenzo Caliendo, Caroline Freund
Comments      Kyle Bagwell, Michael J. Boskin, Jaime Serra Puche, Daniel Trefler, Michael H. Wilson, Diego Perez, Mary O'Grady, Alan Skyles

FIVE      North American Energy
Presenters      James L. Sweeney, Michael H. Wilson
Comments      Thomas F. Stephenson, George P. Shultz, Jaime Serra Puche, Mary O'Grady, Michael J. Boskin, Stephen Haber, Daniel Trefler

SIX      NAFTA's Next Twenty Years and Lessons for Future Trade Liberalization
Presenters      Jaime Serra Puche, Michael H. Wilson, Carla A. Hills
Comments      Michael J. Boskin, George P. Shultz, Frank Montgomery Woods, Daniel Trefler, Stephen Haber, Ablerto Diaz-Cayeros

Appendix: Letter from President George H. W. Bush

About the Conference Participants


Sign Up

Sign up to receive our monthly newsletter and notifications of all our new book releases

sign up for the newsletter