Abstract
The ongoing financial integration of North America, involving 363 million people producing $6.3 trillion of goods and services, is of interest not only because of the continent’s weight in the international political economy but also because it is the first time that such an ambitious attempt has been made to negotiate a framework for integrating the capital markets of countries at such disparate levels of development. The North American Free Trade Agreement is also unique in the degree to which it combines radical liberalisation with very rudimentary supranational institutions.
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Notes
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© 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Porter, T. (1997). NAFTA, North American Financial Integration and Regulatory Cooperation in Banking and Securities. In: Underhill, G.R.D. (eds) The New World Order in International Finance. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25315-9_8
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DOI: https://doi.org/10.1007/978-1-349-25315-9_8
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