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Capital Concentration, Mexican Conglomerates and the Proposed North American Free Trade Agreement

Janet M. Tanski

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Abstract

Current research on the proposed North American Free Trade Agreement (NAFTA) has neglected capital concentration in Mexico and the effect that free trade would have on Mexico's conglomerates. Data presented in this paper suggest that private Mexican conglomerates have benefited from trade liberalization while the working class and poor have suffered. It is argued that further liberalization under NAFTA would reinforce these effects.

About this research paper

What this paper is about

Current research on the proposed North American Free Trade Agreement (NAFTA) has neglected capital concentration in Mexico and the effect that free trade would have on Mexico's conglomerates. Data presented in this paper suggest that private Mexican conglomerates have benefited from trade liberalization while the working class and poor have suffered. It is argued that further liberalization under NAFTA would reinforce these effects.

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OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Current research on the proposed North American Free Trade Agreement (NAFTA) has neglected capital concentration in Mexico and the effect that free trade would have on Mexico's conglomerates. Data presented in this paper suggest that private Mexican conglomerates have benefited from trade liberalization while the working class and poor have suffered. It is argued that further liberalization under NAFTA would reinforce these effects.

Key concepts: Free trade agreement, Free trade, Economics, Liberalization, International economics, Capital (architecture), International trade, Market economy

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