Toward a North American Community: Lessons from the Old World for the New / Edition 1

Toward a North American Community: Lessons from the Old World for the New / Edition 1

by Robert A. Pastor
     
 

ISBN-10: 0881323284

ISBN-13: 9780881323283

Pub. Date: 08/15/2001

Publisher: Peterson Institute for International Economics

The Mexican peso crisis struck in late December 1994, coinciding with a new Mexican administration and the end of the first year of the North American Free Trade Agreement (NAFTA). The crisis poignantly highlighted the success and the inadequacy of the treaty-success in the expansion of trade and capital flows, and inadequacy in institutional capacity. The

Overview

The Mexican peso crisis struck in late December 1994, coinciding with a new Mexican administration and the end of the first year of the North American Free Trade Agreement (NAFTA). The crisis poignantly highlighted the success and the inadequacy of the treaty-success in the expansion of trade and capital flows, and inadequacy in institutional capacity. The Canadian, Mexican, and US governments defined the agreement so narrowly that they failed to devise a mechanism that could monitor, anticipate, plan, or even respond to such a serious problem. The new president of Mexico, Vicente Fox Quesada, has boldly proposed transforming the free trade area into a common market like Europe's. This has evoked lukewarm responses from the Bush and Chrétien administrations, which have not yet developed ways to cope with the new problems stemming from accelerated social and economic integration or to take advantage of North America's opportunities.

In this visionary study, Robert A. Pastor seizes Fox's idea and maps out the paths toward making it a reality. He analyzes NAFTA's success and shortcomings, extracts lessons from the European Union's 40 years of reducing disparities between rich and poor countries, and proposes ways that NAFTA can adapt and incorporate those lessons. The centerpiece of the book is a detailed proposal and specific recommendations for new institutions and "North American policies," including plans for infrastructure and transportation, immigration and customs, a unified currency, and projects aimed to lift the poorer regions. The author addresses issues of sovereignty and national interest and concludes with a look ahead toward a Free Trade Area of the Americas.

This book is the first of its kind to propose a detailed approach to a North American Community - different from the European Common Market but drawing lessons from its experience. It will be of considerable interest for policymakers in the region as well as researchers and students of international political economy, world trade, and foreign affairs.

About the Author: Robert Pastor is the Goodrich C. White Professor of Political Science at Emory University. From 1985-98, he was a fellow at the Carter Center and founding director of the Latin American and Caribbean Program, the Democracy Program, and the China Elections Project. Combining a career of scholarship and policymaking in government and nongovernmental organizations, Dr. Pastor served as national security advisor on Latin America (1977-81) and organized international delegations to mediate elections in 20 countries, including Mexico. Dr. Pastor was a Fulbright Professor in Mexico and the Straus Visiting Professor at Harvard University. He has written 13 books, including Exiting the Whirlpool: U.S. Foreign Policy Toward Latin America and the Caribbean (Westview Press, 2001).




About the Author

Robert Pastor is the Goodrich C. White Professor of Political Science at Emory University. From 1985-98, he was a fellow at the Carter Center and founding director of the Latin American and Caribbean Program, the Democracy Program, and the China Elections Project. Combining a career of scholarship and policymaking in government and nongovernmental organizations, Dr. Pastor served as national security advisor on Latin America (1977-81) and organized international delegations to mediate elections in 20 countries, including Mexico. Dr. Pastor was a Fulbright Professor in Mexico and the Straus Visiting Professor at Harvard University. He has written 13 books, including Exiting the Whirlpool: U.S. Foreign Policy Toward Latin America and the Caribbean (Westview Press, 2001).

Product Details

ISBN-13:
9780881323283
Publisher:
Peterson Institute for International Economics
Publication date:
08/15/2001
Edition description:
New Edition
Pages:
224
Sales rank:
827,938
Product dimensions:
6.00(w) x 8.90(h) x 0.40(d)

Table of Contents

Prefaceix
Point of Departure and Acknowledgmentsxi
1 Redesigning NAFTA for the 21st Century1
The Crisis of 1994 and NAFTA's Flaw3
Lessons from the Old World8
Organization of the Book14
Should NAFTA Be Deepened? Is This the Moment?16
2 One World or Three?19
From Global Rules to Regional Trade23
Reconfiguring the World; Three Regional Models25
The European Union and NAFTA: A More Focused Comparison33
The Regional Advantage38
3 The European Union and Its "Cohesion" Policies:
An Evaluation41
Europe's Designs42
From Goals to Programs43
Evaluating EU Regional Policy50
Lessons from EU Experience59
4 North America's Journey63
Distances within North America63
NAFTA: Description and Evaluation66
Institutions and Flank Issues73
What's Left? What's Wrong?80
5 A North American Community: A Proposal to Deepen NAFTA95
In the Beginning: Revising the North American Preamble96
North American Institutions99
A North American Plan for Infrastructure and
Transportation104
Trade Policy-Within and Without108
Macroeconomic Policy Coordination and the
"Amero"111
6 A North American Community: Sectoral Plans119
Customs, Enforcement, and Immigration: The Border and the
Perimeter120
An Uncommon Immigration Policy122
A North American Energy Plan133
A North American Development Fund135
A North American Education Plan140
Greater Than the Sum of Its Parts: A Strategic Package143
7 Is a North American Community Feasible? Can Sovereignty Be
Transcended?147
Why Trilateralism Is Contrary to Habit but Essential149
Reorganizing the Governments150
Alternative Approaches to Sovereignty152
Fertile Soil for a North American Identity154
Subterranean Anxieties164
The Nature of the Community: Three Options166
8 From a North American to an American Community: The 21st
Century Challenge of Integration171
The Trend toward Integration172
The Road to the Free Trade Area of the Americas175
Widen or Deepen?177
The Western Hemisphere and the WTO182
The Strategic Challenge of the 21st Century185
NAFTA's Premise and Promise186

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