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| | 1464. How Does the North American Free Trade Agreement Affect Central America? (Site not responding. Last check: 2007-10-09) |
 | | Contributing to slow growth were severe external shocks, sizable macroeconomic disturbances, and widespread political instability. |
 | | The challenges Central America faces now may be even greater, conclude Leamer, Guerra, Kaufman, and Segura, because of Mexican liberalization, continuing instability of the real exchange rate, low savings rates, and, finally, the North American Free Trade Agreement. |
 | | Leamer, Guerra, Kaufman, and Segura examine the critical drivers of Central America's future competitiveness: economic liberalization, uncertainty about the real exchange rate, distance from key markets, savings rates, and NAFTA. |
| worldbank.org /html/dec/Publications/Workpapers/wps1464-abstract.html (608 words) |
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