How Important Are U.S. Capital Flows into Mexico?
In November 1993, the U.S. Congress voted to pass the North American Free Trade Agreement (NAFTA) after months of heated debate about its likely impact on our economy. As a result of the intense focus on this issue, the public has benefited from a greater appreciation of the increased interdependence of the Mexican and U.S. economies. However, both the public debate and detailed analysis of the post-NAFTA economic environment have understated the importance of capital flows from the United States into Mexico.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit clevelandfed.org for updates.
Suggested Citation
Osterberg, William P. 1994. “How Important Are U.S. Capital Flows into Mexico?” Federal Reserve Bank of Cleveland, Economic Commentary 12/1/1994. https://doi.org/10.26509/frbc-ec-19941201
This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International
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