The impact of North America Free Trade Agreement (NAFTA) to economic integration from perspective of Mexico

For Mexico, North American free trade agreements that were originally designed more about politics than trading. The George Bush government negotiating the agreement understands it and, in fact, seeing geopolitically navpt, not the economy. A senior adventure of the White House at that time once told me that it was "a person who has no brain: Mexican prosperous is the best interests of the United States." How time is changing. 

The importance of NAFTA can not be exaggerated, which is why uncertainty over his successor, provoked first by Donald Trump as presidential candidate and now by the congression democratic control,  Very dangerous. NAFTA is prepared as a mechanism through which the Mexican government acquires such a certificate of the US government as a guarantee that the game rule will be maintained, the open trade regime will be maintained and that the commitment made in the agreement will be adequately adequately. In this case, NAFTA is anchor stability, the source of certainty that enjoys international support and recognition. This certainty is the key to both internal trust and to attract foreign investments.

Mexico proposes trade and investment agreement on 1990 after going through a series of economic reforms that streamline federal government finances, liberalize the economy and modernize its regulatory framework.  The goal is to attract investment to promote rapid economic growth.  However, candidate investors, both domestic and foreign, are concerned about the country's trends to change the rules, carry out an unlawful takeover law and make arbitrary decisions without notice. Through NAFTA, the Mexican government is committed to maintaining the rule of law implied in the agreement and submit to procedures set out by Chapter 11 on dispute resolution. The result is a tremendous source of certainty for investors, who led to the establishment of new businesses, factories and operations in the country. Mexico's hopes of attracting investment are far superior to what

what actually happened, was not because of NAFTA, but because of the new players in a field that neither Americans nor anyone else ever thought about Mexico: China.  But over the last quarter century, NAFTA has fulfilled political role beyond expectations.  Mexico received dramatically limiting the ability of future governments to make change on the basic framework of economic policy (open trade regime) in the thing a president with a different economic philosophy comes to government.  In this sense, NAFTA is essentially a political act, proxy for the lack of checks and balances that exist in the United States. It is thanks to NAFTA that Mexico's economic policies have not been changed in the midst of in the midst of the great crisis of 1995. In contrast to the geopolitical clarity that motivates governance Bush first, Trump's rhetoric and actions changed Mexican politics dramatically.  First, by placing the existing NAFTA in doubts in 2016, it created a political vacuum that was filled by winner of the Mexican presidential contest in 2018, Andrés Manuel López Obrador.  Second, and most importantly, it paved the way for a series of decisions that will slowly but surely eliminate or neutralize the autonomous regulatory agency created over two decades latest in energy, competition, telecommunications and, now, Supreme Court.  Simply put, the erosion of NAFTA has had a major impact on Mexico. Despite the rhetoric, NAFTA has fulfilled its core objective of support Mexico's political stability through the creation of a framework which makes it possible to attract investment and about half of