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12 | (2) |
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14 | (1) |
| ABBREVIATIONS |
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15 | (4) |
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I. Significance of Research. |
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19 | (2) |
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II. Modeling of NAFTA's Impact on Foreign Direct Investment in Mexico |
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21 | (16) |
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21 | (12) |
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1.1 Applied General Equilibrium Models |
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21 | (2) |
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1.2 Incorporation of Foreign Investment Flows in AGE Models |
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23 | (3) |
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1.3 The Impact of Capital Mobility |
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26 | (3) |
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1.4 Extrapolation Regression Models |
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29 | (1) |
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1.5 Incorporation of Foreign Investment Flows in ERMs |
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29 | (4) |
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2. Qualitative Assessment of NAFTA's Impact on FDI in Mexico |
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33 | (3) |
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3. General Limitations of Existing Modeling Studies of NAFTA |
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36 | (1) |
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37 | (4) |
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37 | (1) |
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38 | (1) |
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3. Limitations of the Scope of this Study |
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39 | (2) |
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IV. Global Trends in Foreign Direct Investment |
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41 | (16) |
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41 | (15) |
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1.1 Global FDI Pattern in the 1980s |
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44 | (2) |
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1.2 Recent Trends in Global FDI |
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46 | (1) |
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1.3 FDI Flows to Developing Countries |
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47 | (1) |
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1.4 Inflows of Foreign Investment to Mexico |
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48 | (2) |
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1.5 Cumulative FDI in Mexico by Country of Origin |
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50 | (1) |
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1.6 Trends in Sectoral and Geographical Distribution of FDI in Mexico |
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50 | (6) |
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2. The Emergence of Intra-Regional Production Networks |
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56 | (1) |
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V. Determinants of Foreign Direct Investment Flows |
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57 | (6) |
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57 | (3) |
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57 | (2) |
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59 | (1) |
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60 | (2) |
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3. Implications of the Study of FDI Determinants |
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62 | (1) |
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VI. Impact of NAFTA on Mexico's Economic Framework |
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63 | (30) |
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1. Operating Conditions in Mexico |
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63 | (9) |
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1.1 The Mexican Labor Force |
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63 | (2) |
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1.2 Labor Costs and Productivity |
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65 | (7) |
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2. FDI-Related Economic Factors in NAFTA |
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72 | (21) |
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2.1 Environmental and Labor Standards |
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72 | (11) |
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2.1.1 Environmental Compliance Costs |
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72 | (5) |
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2.1.2 NAFTA Supplemental agreements on Environmental and Labor Standards |
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77 | (6) |
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2.1.2.1 The North American Agreement on Environmental Cooperation |
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77 | (1) |
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2.1.2.2 The North American Agreement on Labor Cooperation |
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78 | (5) |
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83 | (3) |
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2.3 Duty Drawback Programs |
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86 | (4) |
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2.4 Elimination of Trade Barriers |
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90 | (3) |
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VII. Impact of NAFTA on Mexico's Institutional Framework |
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93 | (30) |
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1. FDI-Related Institutional Factors in NAFTA |
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93 | (13) |
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1.1 Intellectual Property Rights |
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93 | (2) |
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1.2 Investor Property Rights |
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95 | (11) |
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2. Political Implications of Mexico's Economic Restructuring |
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106 | (17) |
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2.1 Redefining Mexico's Sovereignty |
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106 | (3) |
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2.2 Economic Restructuring from Protectionism to Free Trade |
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109 | (4) |
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2.3 Political Shift from State Intervention to a Market Economy |
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113 | (5) |
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2.4 Legal Revisions due to Free Trade |
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118 | (1) |
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2.5 The Impact of Mexico's Political Transition Process on Foreign Investors' Confidence |
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119 | (4) |
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VIII. Impact of Economic Developments in Mexico Affecting NAFTA-Induced FDI Inflows |
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123 | (44) |
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1. Mexico's Agricultural Liberalization Process |
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123 | (11) |
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1.1 Mexico's Agricultural Sector |
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123 | (1) |
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1.2 The Impact of the Ejido Reform |
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124 | (2) |
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126 | (2) |
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1.4 Implications of Mexico's Agricultural Transformation Process |
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128 | (1) |
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1.5 Agricultural Adjustment Process in the Southern States of Mexico |
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129 | (5) |
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1.5.1 The Rebellion in Chiapas |
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131 | (1) |
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1.5.2 The Implications of the Chiapas Rebellion for Mexico |
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132 | (2) |
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2. Mexico's Export-Oriented Industrialization Strategy |
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134 | (16) |
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2.1 Industrial Concentration in Mexico |
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134 | (1) |
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2.2 The Impact of NAFTA on Mexico's Economic Structure |
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135 | (2) |
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2.3 Mexico's Export-Oriented Industrialization Strategy |
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137 | (6) |
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2.3.1 Development of Export Profiles |
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137 | (1) |
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2.3.2 Shift in Export Activities |
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138 | (1) |
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2.3.3 Mexico's Manufacturing Sector |
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138 | (2) |
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2.3.4 The Role of the Maquiladora Sector |
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140 | (1) |
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2.3.5 Economic Adjustment Policy for Export-Oriented Growth |
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141 | (2) |
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143 | (3) |
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146 | (4) |
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3. The Aftermath of Mexico's Financial Crisis |
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150 | (17) |
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3.1 Structural Analysis of Mexico's Financial Crisis |
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150 | (8) |
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3.2 Impact of the Peso Devaluation on Economic Activity in Mexico |
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158 | (6) |
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3.3 Limitations for Export-Oriented Growth |
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164 | (1) |
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3.4 Destabilizing Impact of Mexico's Economic Crisis |
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165 | (2) |
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IX. Welfare Policy Implications of Mexico's Economic Restructuring |
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167 | (4) |
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1. Mexico's Social Welfare Policy |
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167 | (2) |
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2. Importance of Mexico's Welfare Policy for a Stabilized Socio-Economic Framework |
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169 | (2) |
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X. Summary of Research Findings |
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171 | (8) |
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1. Impact of NAFTA on Economic and Institutional Factors |
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171 | (5) |
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2. Socio-Economic Implications of Economic and Institutional Changes |
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176 | (3) |
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179 | (2) |
| APPENDICES |
|
181 | (18) |
| BIBLIOGRAPHY |
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199 | |