The North American Free Trade Agreement (NAFTA) was bold and controversial from the start. When first conceived, it was far from obvious that it would be possible given the circumstances of the times. Drawing from a December 2013 Hoover Institution conference on “NAFTA at 20,” this book brings together distinguished academics who have studied the effects of NAFTA with high-level policy makers to present a comprehensive view of the North American Free Trade Agreement. It looks at the conception, creation, outcomes so far, and the future of NAFTA from the perspective of economists, historians, and the aforementioned policy makers in the words of those who actually participated in the negotiations and research. In the context of the fundamental economic and political transformation of North America, they discuss the trade, real wage, and welfare gains that NAFTA has produced for the United States, Mexico, and Canada, along with a review of the major energy markets within and among the three countries. They include lessons from NAFTA for the future, both for NAFTA itself and for other trade agreements, and stress the importance of political leadership and providing information on the benefits of trade liberalization to voters and potentially ill-informed politicians who hear most loudly from the opponents.

Product Description: A collection of essays presenting new insights into the analysis of public debt theory, recent historical episodes, econometric analyses and policy dilemmas and options. It also documents the perceptions of debt problems from viewpoints of national economies as well as the world economy...read more

Product Description: Many now agree that fundamental trax reform is an urgent national priority if the United States is to restore strong economic growth, but which system is best suited to achieve that goal? Major tax reform alternatives, how they work, and how they compare with one another are presented in this volume...read more

Book by Boskin, Michael J.

Product Description: This collection of essays presents new insights into the analyses of public debt theory, recent historical episodes, econometric analyses of public debt and policy dilemmas and options. The subjects covered include optimal debt policy, the role of deficits as a temporary stimulus in the course of disinflation, the intergenerational equity aspects of public debt, public debt problems in developing countries, indexing public debt for inflation and various conceptual, accounting and measurement issues in obtaining accurate information on deficits and public debt as well as their impact on aggregate economic activity...read more

Product Description: This text brings together essays on important issues of public economics by leading authorities in the field. Covering a wide range of topics from tax and public expenditure theory to social security and government lending programmes, the book presents analyses of pressing public economic problems...read more

Product Description: Book by Boskin, Michael J., Fleming, John S.

Provides an overview of the social security system, examines its impact on retirement patterns, and discusses the systems problems and their possible solution

Product Description: This volume brings together the contributions of twenty-four economists and lawyers on tax policy. Five papers build on the work of Joseph A. Pechman in analyzing the distribution of tax burdens. A. B. Atkinson relates the analysis of redistribution of income through the tax system to horizontal equity, James Buchanan and Geoffrey Brennan demonstrate that a full analysis of tax burdens must encompass tax-induced inefficiencies, and Boris I...read more

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Product Description: Book by