I. Issues and Preliminary Conclusions: Lessons from the NAFTA Debate
Author:
Robert Lawrence
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John F. Kennedy
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Language:
English
Print Publication Date:
15 Aug 1997
Keywords:
BOOK; inflation risk; OECD Europe; NAFTA debate; producer-interest specific; investment goods; nominal exchange rate; economic system; free trade trade agreement; NAFTA negotiations; NAFTA experience; NAFTA's significance; Trade liberalization; Trade agreements; North America

Abstract

Over the next decade, the great challenge for the world economy will be learning how to manage the process of integrating the large number of economies in transition into the global system. Throughout the developing world, countries are transforming their economies by implementing far-reaching, outward-oriented policies. The world market is therefore the fulcrum by which these countries will elevate themselves out of poverty. A friendly global market will be essential to their prospects.

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Cover Western Europe in Transition
Western Europe in Transition
Impact of Opening Up Eastern Europe
ISBN:
9781451954500
Publication Date:
15 Aug 1997
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451954500.071
Pages:
190