Paper Topic:

Mexico and their view on trade regimes

Mexico and Trade Regimes

The economy of a country is one of the most crucial aspects of a country to continue thriving . Similarly , the economy is one of the most difficult aspects to run as a vital pillar of a country . Every economic policy that a country may choose to venture in entails a lot of scrutiny and transparency

Constantly , there have been much issues being raised on every economic agreement that a government would choose to venture in . As expected there are similar views that emerge in every economic policy that

an economic block may want to implement . One excellent example is the policies that are being implemented by the World Trade Organization

The World Trade Organization is but one of the numerous economic organizations that are existing that are constantly being criticized because of the unfair policies that developing member countries get There have also been claims that WTO is just serving the interests of the giant countries ' whose economies are constantly blooming leaving the developing countries who are also members of the WTO lagging behind

Mexico is one of the countries that was and is still engaged in economic agreements that are likewise been receiving criticisms from its own constituents . Among the economic agreements that the Mexican government has signed is the Free Trade Area of the Americas (FTAA ) and the North American Free Trade Agreement (NAFTA

Mexico and FTAA

In December 1994 , during the first Summit of Heads of States of the Americas in Miami , the Free Trade Area of the Americas (FTAA ) was given birth . It was Bill Clinton who gave form to this proposal . Before Bill Clinton 's term as president , it was actually George Bush who drafted policies toward the realization of FTAA (Hansen , 2002

Since the relationship of Mexico with FTAA began , Mexico has been engaging in negotiations - but not enthusiastically (Baz , 2004 . Mexico believes that FTAA would be a risk for them to lose access in the world 's largest market

FTAA was envisioned to give multinational corporations new legal rights and in effect , restrict the rights and abilities of governments to regulate on policies and implicitly give up interests of the public (Hansen , 2002

FTAA would mean neglecting the rights of the general public which include the youth , women , and other marginalized sectors in the society overshadowed by the interests of the big businesses (Hansen , 2002 . The interest of the multinational companies whose main concern is to reap much profit is prioritized

FTAA and its impact on the labor sector

Among the sectors that have been gravely affected by FTAA is the labor sector which has suffered enough . It was actually the citizens within the society 's marginalized who suffered from the ill consequences of going under FTAA

In the case of Mexico , such economic policy has resulted in a drastic increase in unemployment rate simply because small farmers along with small and medium enterprises cannot compete with multinational companies . Since 1994 , the poorest two-third of the American population decreased...

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