NAFTA Renegotiation: An alternative approach to foster upward economic convergence Robert A. Blecker, Juan Carlos Moreno-Brid and Isabel Salat

NAFTA has utterly failed from a development standpoint and Mexico and US both need a new policy regime to reverse that rising inequality, secular stagnation, and regional divergences. If done with a cooperative spirit, the renegotiation of NAFTA can be a win-win for both, but a hasty US withdrawal from it would not work in favour of the average US and Mexican citizens.

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(This article was originally published in the World Economics Association)