Gary Clyde Hufbauer
Reginald Jones Senior Fellow
Peterson Institute for International Economics
"NAFTA at 20"
The North American Free Trade Agreement (NAFTA) between the United States, Mexico, and Canada, which took effect 20 years ago, continues to face divided public opinion. Opponents of free trade agreements (FTAs) cite NAFTA as a job-killing precedent, while proponents argue that the economic gains from NAFTA have been considerable and unappreciated. This Policy Brief analyzes the record of NAFTA in order to clear the air so that the benefits and challenges of trade can be examined objectively.
Gary Clyde Hufbauer, Reginald Jones Senior Fellow since 1992, was formerly the Maurice Greenberg Chair and Director of Studies at the Council on Foreign Relations (1996–98), the Marcus Wallenberg Professor of International Finance Diplomacy at Georgetown University (1985–92), senior fellow at the Institute (1981–85), deputy director of the International Law Institute at Georgetown University (1979–81); deputy assistant secretary for international trade and investment policy of the US Treasury (1977–79); and director of the international tax staff at the Treasury (1974–76).
Hufbauer has written extensively on international trade, investment, and tax issues. He is coauthor of Economic Normalization with Cuba: A Roadmap for US Policymakers (2014), Local Content Requirements: A Global Problem (2013), Outward Foreign Direct Investment and US Exports, Jobs, and R&D: Implications for US Policy (2013), The United States Should Establish Permanent Normal Trade Relations with Russia (2012), Figuring Out the Doha Round (2010), Global Warming and the World Trading System (2009), Economic Sanctions Reconsidered, 3rd edition (2007), US Taxation of Foreign Income (2007), Toward a US-Indonesia Free Trade Agreement (2007), US-China Trade Disputes: Rising Tide, Rising Stakes (2006), The Shape of a Swiss-US Free Trade Agreement (2006), NAFTA Revisited: Achievements and Challenges (2005), Reforming the US Corporate Tax (2005), Awakening Monster: The Alien Tort Statute of 1789 (2003), The Benefits of Price Covergence (2002) and World Capital Markets (2001), and coeditor of Capitalizing on the Morocco-US Free Trade Agreement: A Road Map for Success (2009), Maghreb Regional and Global Integration: A Dream to Be Fulfilled (2008), The Ex-Im Bank in the 21st Century (2001), Unfinished Business: Telecommunications after the Uruguay Round (1997) and Flying High: Liberalizing Civil Aviation in the Asia Pacific (1996). He is author of Fundamental Tax Reform and Border Tax Adjustments (1996) and US Taxation of International Income (1992), and coauthor of Western Hemisphere Economic Integration (1994), Measuring the Costs of Protection in the United States (1994), NAFTA: An Assessment (rev. 1993), North American Free Trade (1992), Economic Sanctions Reconsidered (2d ed. 1990), Trade Policy for Troubled Industries (1986), and Subsidies in International Trade (1984).
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