2015 - 18th Annual Steven Galovich Memorial Student Symposium

Presentation Title

CAFTA after 10 years: Its Impact on Central America

Student Presenter(s) and Advisor

Sierra Clark, Lake Forest CollegeFollow

Location

Meyer Auditorium

Abstract

Free trade espouses economic benefits for all and is supposed to help poor countries develop. Now that it has been 10 years since the Central American Free Trade Agreement narrowly passed in the US what impact has it had? This research examines the socio-economic consequences of removing trade barriers, increasing foreign direct investment and opening labor laws to public scrutiny on El Salvador, Guatemala, Honduras, Nicaragua, Dominican Republic and Costa Rica. Empirical data on trade and investment as well as changes in labor laws, child labor laws and their enforcement will be presented to discern the benefits and costs of this historic free trade agreement.

Presentation Type

Individual Presentation

Start Date

4-7-2015 2:30 PM

End Date

4-7-2015 3:45 PM

Panel

International Affairs

Panel Moderator

Benjamin Goluboff

Field of Study for Presentation

Economics

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Apr 7th, 2:30 PM Apr 7th, 3:45 PM

CAFTA after 10 years: Its Impact on Central America

Meyer Auditorium

Free trade espouses economic benefits for all and is supposed to help poor countries develop. Now that it has been 10 years since the Central American Free Trade Agreement narrowly passed in the US what impact has it had? This research examines the socio-economic consequences of removing trade barriers, increasing foreign direct investment and opening labor laws to public scrutiny on El Salvador, Guatemala, Honduras, Nicaragua, Dominican Republic and Costa Rica. Empirical data on trade and investment as well as changes in labor laws, child labor laws and their enforcement will be presented to discern the benefits and costs of this historic free trade agreement.