The impact of the maquiladora industry on U.S. border cities
For decades, the maquiladora industry has been a major economic engine along the U.S.?Mexico border. Since the 1970s, researchers have analyzed how the maquiladora industry affects cities along both sides of the border. Gordon Hanson (2001) produced the first comprehensive study on the impact of the maquiladoras on U.S. border cities, considering the impact of these in-bond plants on both employment and wages. His estimates became useful rules of thumb for the entire U.S.?Mexico border. These estimates have become dated, as Hanson's study covered the period from 1975 to 1997. The purpose of ...
Spotlight: Dollar-sensitive Mexican shoppers boost Texas border retail activity
Mexican citizens logged 70 million border crossings into Texas in 2011. While some came for work, school or family reasons, many traveled to border cities to shop.
Mexico rides global recovery but still faces hurdles
The Mexican economy has grown robustly following the worst recession since the peso crisis of 1994. Gross domestic product (GDP) growth surged 5.4 percent in 2010, surpassing expectations. Though the pace of expansion slowed in early 2011 as the U.S. engine sputtered, forecasts call for a slight pickup in the second half. ; The recovery is the product of primarily three factors: first, a rebound in manufacturing exports, mostly to the U.S. but also to other markets; second, a strengthening internal market fueled by a healthy domestic financial sector; and third, significant capital inflows ...
Maquiladora industry: past, present and future
Workers' remittances to Mexico
Cyclical differences emerge in border city economies
U.S.–Mexico manufacturing: back in the race?
After joining the World Trade Organization, China made great strides in global manufacturing. But in recent years, manufacturing has shifted back to North America, and in some sectors, Mexico has a clear advantage over China. North America?s improved manufacturing outlook bodes well for the U.S.?Mexico border region.
Explaining the increase in remittances to Mexico
Will reforms pay off this time? Experts assess Mexico’s prospects
Mexico?s sharp first-quarter slowdown isn?t entirely surprising. While the country has made considerable economic advances in recent years, its growth is closely tied to that of its northern neighbor, and the U.S. economy stalled at year-end. Some Mexico indicators, such as industrial production, have been flat since mid-2012.
Commentary on session III: U.S.-Mexico remittances: recent trends and measurement issues
Summary and discussion of the three papers in this session: "Leveraging remittances for development" by Dilip Ratha; "Remittances and their microeconomic impacts: evidence from Latin America" by Catalina Amuedo-Dorantes; and "The relationship between international migration, trade, and development: some paradoxes and findings" by J. Edward Taylor. ; The rest of this commentary explores recent trends in U.S.-Mexico remittances, explaining how they are measured and comparing them with forecasts of remittances based on an econometric model and with trends in other developing countries.