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Mexico Goes Global

By Kezia McKeague

A once-protectionist economy leads the region’s Asia-Pacific market.

Given the lack of progress on global trade talks in recent years, the future of international trade likely depends on regional initiatives. Mexico is well-placed to be a standard bearer. Over the past two decades it has become a major global trading power, boasting a network of free-trade agreements with 44 countries.

It is also now one of the world’s most open economies, in sharp contrast to the protectionist policies it pursued until the 1980s. Since the 1994 North American Free Trade Agreement (NAFTA), Mexico has become a member of the Asia-Pacific Economic Cooperation (APEC) and...

Read this article on the Americas Quarterly website. | Subscribe to AQ.

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