Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
More Quotes from Stephen F. Lynch:
Trade reform has also been linked to increased income disparity as skilled workers have captured more benefits from globalization than their unskilled counterparts.Stephen F. Lynch
As for the expected boon to the Mexican economy, we have seen none of these gains, and instead we have seen NAFTA's detrimental impact on the Mexican workers.
Stephen F. Lynch
Likewise, free trade does not, as evidenced in CAFTA, mean fair trade.
Stephen F. Lynch
Proponents of the Central America Free Trade Agreement have conveniently ignored this fundamental fact: the effect of trade on incomes in Central America and how to alleviate the adverse consequences of trade liberalization on the poor.
Stephen F. Lynch
I am told that the clinical definition of insanity is the tenancy to do the same thing over and over again and expect different results.
Stephen F. Lynch
If you consider that a typical Central American consumer earns only a small fraction of an average American worker's wages, it becomes clear that CAFTA's true goal is not to the increase U.S. exports.
Stephen F. Lynch
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