Andres Oppenheimer: The good and the bad of North America’s summit – Andres Oppenheimer – MiamiHerald.com

The summit of President Barack Obama with his counterparts from Mexico and Canada was a missed opportunity to relaunch the 20-year-old free trade agreement among the three countries, but it produced a little-noticed plan that may have a big impact on North America’s economic and cultural integration in coming years.While much of the media coverage of Wednesday’s summit in Toluca, Mexico, focused on the presidents agreements on energy and security issues, their most important talks may have centered on a dramatic increase of academic and student exchanges, as well as joint scientific research and innovation centers.According to senior Mexican...

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Now is the Time for the U.S. to Embrace Mexico | AS/COA

In office barely a year, Mexico’s president Enrique Peña Nieto is pursuing aggressive reforms for breakout growth through greater competitiveness. Washington should do all it can to help him succeed, because Mexico’s expansion is good for the US.Already our second largest export market after Canada, US imports from Mexico contain some 40 per cent of US content (from China it’s 4 per cent). In many industries, joint production and supply chains have developed to such an extent that we don’t just trade things together, now we design and make things together, in high value-added products like aerospace, automobiles, and...

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Brookings Institution Scholar Praises Mexico’s Advanced Manufacturing — Medium

Alan Berube, senior fellow and deputy director at the Brookings Institution Metropolitan Policy Program, recently praised the integrated supply chains between Mexico, Canada and the United States and outlined proposals that would increase North America’s share of global exports.“Trade volumes between the United States and Canada and Mexico are massive and growing, due in no small part to the fact that manufacturers now treat the continent as one seamless market for research, design, production, and distribution,” Berube wrote. “Firms—both large multinationals like Bombardier and Volkswagen and smaller firms like 3D Robotics and Vitro—stretch their supply chains across North America...

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How to Strengthen NAFTA’s Next 20 Years | Brookings Institution

Next week, President Obama will make his third trip to Mexico in as many years to attend the North American Leaders’ Summit alongside Canadian Prime Minister Harper and Mexican President Peña Nieto. Amidst a flurry of retrospectives on the 20th anniversary of the North American Free Trade Agreement (NAFTA), the summit offers a timely opportunity to ask two questions: 1) What is the current state of North American trade? and 2) What can the three countries do together to position the continent for success in the global economy over the next 20 years?Our recent report, Metro North America, offers...

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For Mexico, Economic Growth Hinges on Justice – Forbes

We thought these were the good times for Mexico, but its economic growth has fallen short of expectations, with estimated 2013 growth at 1.3 percent. Why has Mexico performed so poorly? A number of recent studies point to the presence of a poor justice system as a major contributing factor. Weak rule of law in Mexico has inhibited investors, who struggle to understand bankruptcy proceedings and lack confidence in the court’s ability to impose punishments on delinquent borrowers.In order to pave the way for economic growth, Mexico must address four issues.via For Mexico, Economic Growth Hinges on Justice –...

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