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NAFTA: 20 Years of Regret for Mexico

Mark Weisbrot Guardian
Since 2000, the Latin American region as a whole has increased its growth rate to about 1.9% annually per capita – not like the pre-1980 era, but a serious improvement over the prior two decades when it was just 0.3%. But Mexico hasn't joined in this long-awaited rebound: its growth has remained below 1%, less than half the regional average, since 2000. And not surprisingly, Mexico's national poverty rate was 52.3% in 2012, basically the same as it was in 1994 (52.4%).