EconWatch.com > Something I Wrote Six Years Ago That It Is Time to Revisit...
[Brad DeLong's Semi-Daily Journal] Without NAFTA's guarantee of tariff- and quota-free access to the American market, we would not have seen the rise in trade within industries between Mexico and the U.S. over the past half decade. Rising intra-industry trade means that Mexico and the U.S. are moving toward a greater degree of specialization and a finer division of labor in important industries like autos--where labor-intensive portions are more and more done in Mexico--and textiles--where the U.S. increasingly does high-tech spinning and weaving and Mexico increasingly does lower-tech cutting and sewing.
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[Opednews.com] Op Ed News Local Area Page for California: Bolivia's People's Trade Agreement (PTA, or TCP in Spanish), a progressive international trade and integration strategy is a form of collaboration between nations or communities that reasserts public control over the economy and attempts to recast the role of the corporation from that of "master" to "partner" in a process of sustainable development counter to NAFTA, etc.
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[Benkler.org] The Wealth of Networks: Practically no studies show a clear-cut benefit to stronger or longer patents.4 In perhaps one of the most startling papers on the economics of innovation published in the past few years, Josh Lerner looked at changes in intellectual property law in sixty countries over a period of 150 years. He studied close to three hundred policy changes, and found that, both in developing countries and in economically advanced countries that already have patent law, patenting both at home and abroad by domestic firms of the country that made the policy change, a proxy for their investment in research and development, decreases slightly when patent law is strengthened!5 The implication is that when a country”either one that already has a significant patent system, or a developing nation”increases its patent protection, it slightly decreases the level of investment in innovation by local firms.
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