Abstract
This paper examines enhancement of the credibility of economic
policy reform through external trade and investment agreements.
At one level, the role of NAFTA in anchoring recent reforms in
Mexico is discussed. This is followed by more abstract treatment
of how external policy bindings, through bilateral and/or
multilateral agreements, may lend benefits related to the
durability of reforms. In addition to helping secure the path of
reform, such credibility signals may also have important effects
related to assessments by international capital markets of reforms
undertaken in the context of trade and investment agreements.
| Original language | English |
|---|---|
| Title of host publication | Regional Partners in Global Markets |
| Publisher | CEPR |
| Publication status | Published - 1996 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 2 Zero Hunger -
SDG 8 Decent Work and Economic Growth
Fields of science
- 405002 Agricultural economics
- 502 Economics
- 502001 Labour market policy
- 502002 Labour economics
- 502003 Foreign trade
- 502009 Corporate finance
- 502010 Public finance
- 502012 Industrial management
- 502013 Industrial economics
- 502018 Macroeconomics
- 502020 Market research
- 502021 Microeconomics
- 502025 Econometrics
- 502027 Political economy
- 502039 Structural policy
- 502042 Environmental economics
- 502046 Economic policy
- 502047 Economic theory
- 504014 Gender studies
- 506004 European integration
- 507016 Regional economy
- 303010 Health economics
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