Adam Weissman
Adam Weissman campaign leader

Lessons from NAFTA for the TPP

Press Briefing:

Lessons from NAFTA for the TPP
Did NAFTA Help Mexico?: An Assessment After 20 Years

With:

Representative Rosa DeLauro

Mark Weisbrot, Co-Director, Center for Economic and Policy Research

Lori Wallach, Director, Public Citizen's Global Trade Watch

Moderated by Laura Carlsen, Director, Americas Program

February 12, 2014

National Press Club
Washington, DC

Speakers discuss NAFTA's legacy and what lessons may be learned for the proposed TPP.

A new paper from the Center for Economic and Policy Research examines the economic impact that NAFTA has had on Mexico. Mexico's growth has lagged in the NAFTA era; out of 20 Latin American countries (South and Central America plus Mexico), Mexico ranks 18, with per capita growth of less than 1 percent annually since 1994. By comparison, from 1960-1980 Mexico's GDP per capita nearly doubled. Poverty has been stuck at the same high level; Mexico's national poverty rate was 52.3 percent in 2012 and was 52.4 percent in 1994. The lack of employment opportunities in a slow-growing economy, plus the displacement (due to imports) of millions in farming, sent many Mexicans to the United States in the years following NAFTA.

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UPDATE: 1/10/14 @12:30PM PST A fast-track bill was introduced in Congress yesterday. NOW is the time to take action to stop the TPP before it's too late!  The Obama administration has been engaged in secret negotiations with trade officials from eleven Pacific Rim nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam - to create a massive…

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