After 20 years, NAFTA hasn't closed Mexico wage gap

Article author: 
Mark Stevenson
Article publisher: 
The Denver Post
Article date: 
1 January 2014
Article category: 
National News
Medium
Article Body: 

[...] Mexico's weak unions and competition from Asia and Central America kept wages down; the tightening of security along the U.S. border closed off Mexico's immigration "escape valve," and environmental provisions in the agreement proved less powerful than those protecting investors.

Mexico took advantage of the accord with the United States and Canada in some areas ...

 According the Economic Commission for Latin America, poverty fell from 48.4 percent in 1990 to 27.9 percent in 2013 for all of Latin America. In Mexico, where it stood at 52.4 percent in 1994, the poverty rate dropped to as low as 42.7 percent in 2006; but by 2012, it had risen again to 51.3 percent ...


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