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Capital Concentration, Mexican Conglomerates and the Proposed North American Free Trade Agreement

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  • Janet M. Tanski

    (New Mexico State University, Department of Economics, P.O. Box 30001/Dept. 3CQ, Las Cruces, New Mexico 88003-0001)

Abstract

Current research on the proposed North American Free Trade Agreement (NAFTA) has neglected capital concentration in Mexico and the effect that free trade would have on Mexico's conglomerates. Data presented in this paper suggest that private Mexican conglomerates have benefited from trade liberalization while the working class and poor have suffered. It is argued that further liberalization under NAFTA would reinforce these effects.

Suggested Citation

  • Janet M. Tanski, 1993. "Capital Concentration, Mexican Conglomerates and the Proposed North American Free Trade Agreement," Review of Radical Political Economics, Union for Radical Political Economics, vol. 25(4), pages 72-90, December.
    • Handle: RePEc:sae:reorpe:v:25:y:1993:i:4:p:72-90
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