Free trade : risks and rewards / edited by L. Ian MacDonald.

Format:

Book

Conference/Event

Author/Creator:

MacDonald, Ian, Author.

Contributor:

MacDonald, L. Ian.

Conference Name:

Free Trade @ Ten (1999 : Montréal, Québec)

Language:

English

Subjects (All):

Canada. Treaties, etc. (1992 Oct. 7)--Congresses.

Canada.

Free trade--Canada--Congresses.

Free trade.

Free trade--United States--Congresses.

Canada--Foreign economic relations--United States--Congresses.

United States--Foreign economic relations--Canada--Congresses.

United States.

Physical Description:

1 online resource (309 p.)

Edition:

1st ed.

Place of Publication:

Montreal ; Ithaca : Published for the McGill Institute for the Study of Canada by McGill-Queen's University Press, c2000.

Language Note:

English

Summary:

Free Trade provides a historical framework for ongoing discussion of economic and environmental issues. While there is empirical evidence on trade flows - they increased dramatically in both directions - the debate on related issues continues. The impact of free trade on jobs and manufacturing productivity, the effectiveness of dispute settlement, the growth of foreign direct investment, the absence of adjustment programs, and the consequences for social programs are all issues for spirited discussion. Many of the leading actors in shaping both the FTA and NAFTA participated in the conference, including former Prime Minister Brian Mulroney, former President George Bush, former U.S. Treasury Secretary and Secretary of State James Baker, former Canadian Trade Ministers John Crosbie and Michael Wilson, former U.S. Trade Ambassadors Clayton Yeutter and Carla Hills, as well as former Mexican Trade Minister Jaime Serra Puche. Other senior officials included Canada's Derek Burney and Simon Reisman. Donald S. Macdonald, chairman of the landmark Royal Commission that recommended the "leap of faith" of free trade, gave the keynote address. A Royal Bank of Canada impact study, "Two Cheers for the FTA," provided a baseline for discussion by a panel of eminent economists from all three NAFTA countries, and strong defences of positions against free trade included presentations by Andrew Jackson of the Canadian Labour Congress (CLC), Jim Stanford of the Canadian Auto Workers (CAW), and Gerald Larose of Quebec's Conseil des syndicats nationaux (CSN). Participants from the provinces included former Ontario Premier Bob Rae, while NAFTA and the environment were considered by a panel led by former Quebec Premier Pierre Marc Johnson and joined by Quebec Liberal Leader Jean Charest. Other participants included Jean Anderson, Laurent Beaudoin, Fernando Clavijo, Thomas d'Aquino, William Dymond, Francis Fox, Jonathan Fried, Michael Hart, Stanley Hartt, Richard Lipsey, Victor Lichtinger, John McCallum, Peter McPherson, Jacques Ménard, William Merkin, Simon Potter, Charles E. Roh, David Schorr, Charles Sirois, Guy Stanley, Yvonne Stinson, Peter Watson, William Watson, L.R. Wilson, and Paul Wonnacott. Free Trade: Risks and Rewards is an important reminder of why the issue was so passionately debated at the time and why it remains important.

Contents:

Machine generated contents note: PART ONE THlE CONTEXT

The Road to Free Trade / 3

MICHAEL HART

Interviews with Brian Mulroney andJohn Turner / 35

WILLIAM WATSON

Leap of Faith / 48

DONALD S. MACDONALD

A Signal Moment / 55

JAMES A. BAKER III

Where There's the Will/ 61

DEREK H. BURNEY

PART TWO THE MAKING OF THE DEAL

The Negotiation and Approval of the FTA / 73

L. IAN MACDONALD, CLAYTON YEUTTER,

SIMON REISMAN, PETER MCPHERSON, JOHN C. CROSBIE, WILLIAM MERKIN, CHARLES E. ROH, JEAN ANDERSON, WILLIAM DYMOND, STANLEY H. HARTT

PART THREE, THE RECORD

The Canada - U.S. FTA: Real Results versus Unreal Expectations / 99

RICHARD G. LIPSEY

From Leaps of Faith to Lapses of Logic / 107

ANDREW N. JACKSON

Free Trade in North America: Some Observations / 118

PAUL WONNACOTT

NAFTA and the Manufacturing Industry in Mexico:

A Preliminary Balance / 122

FERNANDO CLAVIJO

PART FOUR SECTORAL PERSPECTIVES:

RESULTS AND OPPORTUNITIES

Sectoral Results and Opportunities: An Introduction / 135

FRANCIS FOX

A Matter of National Interest / 137

LAURENT BEAUDOIN

A New Mindset / 139

L. JACQUES MENARD

A Sea Change / 142

CHARLES SIROIS

A New Frontier of Trade Policy / 144

LYNTON R. WILSON

The Case of the Softwood Lumbet Industry / 147

BOB RAE

A Reality Check / 151

JIM STANFORD

PART FIVE FREE TRADE AND SOCIAL POLICY

Globalization and the Social Dimension / 159

GERALD LAROSE

Economic Arguments versus Ideological Ones /-166

GUY STANLEY

PART SIX FREE TRADE AND DISPUTE

SETTLEMENT

FTA and NAFTA Dispute Settlement in Canadian Trade

Policy / 171

JONATHAN T. FRIED

Dispute Settlement: A Practitioner's Perspective / 175

SIMON V. POTTER

Mexico and Dispute Settlement / 182

M.H. YVONNE STINSON

PART SEVEN THE NAFTA: FROM CANADA TO MEXICO

From Canada to Mexico: "A Common Future" / 191

GEORGE BUSH

The Most Comprehensive Agreement Ever / 197

CARLA A. HILLS

NAFTA and the Mexican Economy / 200

JAIME SERRA PUCHE

Free Trade: Then and Now / 207

MICHAEL H. WILSON

PART EIGHT NAFTA AND THE ENVIRONMENT

Five Windows for the Future of NAFTA 'S Environment

Commission / 213

PIERRE MARC JOHNSON

NAFTA and the Environment: Five Years After / 222

VICTOR LICHTINGER

NAFTA and the Environment: A Review of the Basic

Issues / 226

DAVID K. SCIIORR

Challenges for the Environment and NAFTA / 237

JEAN CHAREST

PART NINE WHERE DO WE GO FROM HERE?

New Policies for a New Century / 243

THOMAS D'AQUINO

The Future Work of the FTA, NAFTA and the WTO / 247

PETER S. WATSON

The New Economic Environment / 253

BRIAN MULRONEY

APPENDICES

Appendix A Two Cheers for the FTA: Ten-Year Review of

the Canada-U.S. Free Trade Agreement / 259

JOHN McCALLUM

Appendix B Ten-Year Figures for Canada-U.S.A. and

Canada-Mexico Trade / 275

DEPARTMENT OF FOREIGN AFFAIRS AND INTERNATIONAL

TRADE/STATISTICS CANADA.

Notes:

Proceedings of the Free Trade @ 10 Conference held in Montreal in June 1999.

Includes bibliographical references (p. 273-274).

ISBN:

1-283-52990-4

9786613842350

0-7735-6881-6

OCLC:

228141946