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The Enclave Economy: Foreign Investment and Sustainable Development in Mexico's Silicon Valley

By Kevin Gallagher

 
  October 10, 2007
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Kevin Gallagher looks at Mexico's high-tech industries to determine whether NAFTA met its economic, social, and environmental promises, finding mixed results. Foreign investment can generate growth and spillovers in the domestic economy, though Mexico was hampered by China's entry to the WTO and the rise of contract manufacturers that shift production quickly. Gallagher draws the lesson that FDI is not an end in itself, that it needs to be complemented by strategic domestic policies, and that trade agreements should give developing countries flexibility on par with what they already have at the WTO.

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RELATED

Biography:
Kevin Gallagher
 
Event:
The Enclave Economy
 
Keywords:
Business, Development, Economy, Environment, Finance, Globalization, Jobs, Technology, Trade
 
Region:
Americas
 
Countries:
Mexico, United States
 
Resources:
Greening U.S. Trade
The Enclave Effect
Unethical Ethanol Tariff
Hybrid Value Chains
Mending America's Broken Fence
Discord over KORUS
Shaping the Change
 
 
 
BLOG
Credit: Krzysztof J. Kokowicz, Lublin, Poland (First Place, Carnegie Council Poster Contest, Global Social Justice Category).
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