Transnational
Trade and Governance: A Case Study of Mexico
Mexico is among the world's most exciting democracies and one of the most dynamic economies. Twenty years ago Mexico was an inward looking, less developed country in financial crisis, focused on guarding itself from its dominating northern neighbor. Today, Mexico is a vibrant, outward looking member of the North American Free Trade Agreement (NAFTA).
Mexico is America's third largest source of imports and second largest export market. It has entered into more than a dozen Free Trade Agreements with 40 countries, including the EU. With GDP growing consistently at 3 to 4 percent, Mexico has become the world's 8th largest exporter. It is a major destination for foreign direct investment. Mexico boasts an oversized portion of the world's richest men; yet, 40 percent of Mexicans live in poverty, and 20 percent in extreme poverty. It is home to world-class companies, while half the workforce labors in the informal economy. Half of all Mexicans are under 26 years of age. One million jobs must be created each year just to keep even with the growing workforce. Massive emigration disrupts communities; the drug trade is growing, and the justice system remains best avoided. Yet, new pockets of manufacturing are growing and technology-based industries are sprouting up. The emerging middle class fuels a robust democracy. It has just survived its second truly contested election, one of the closest of any democracy in history. Immigration from and trade with Mexico will also be issues in America's upcoming Presidential Election.
Mexico offers perhaps the richest international experience possible to a serious student of public policy.
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fee: $3,200*
Predeparture lectures:
April 19 8:30 - 12:30pm rm 257
and May 3 8:30 - 12:30pm rm 246
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