Tag Archives: Trade Liberalisation

U.S. exports obesity epidemic to Mexico was the conclusion of a recent Institute for Agriculture and Trade Policy (IATP) report. The study looks at the health consequences of the North American Free Trade agreement (NAFTA), a tri-lateral trade liberalization agreement between Mexico, Canada, and the U.S. that came into effect in 1994. The researchers tracked the increases of U.S. exports into Mexico that followed NAFTA’s implementation. These included such items as soft drinks, snack foods, processed meats, and dairy, as well as raw inputs such as corn and soybeans that are used in the food processing industry. They then linked the rises to increased consumption of unhealthy foods and, thusly, to an incremental rise in the nation’s climbing obesity epidemic. Read More »

There is more to life than money and by now it is well established that gross domestic product (GDP) is an inadequate measure of development. It allows for a crude assessment of economic activity within a country, but does not account for side effects known as externalities. These include environmental destruction and pollution, human lives lost in other countries from the development and sales of weapons technologies or negative effects on health of products and technologies that otherwise make money and therefore contribute to GDP. Furthermore, negative contributions of products developed by tobacco, weapons and other companies all count towards a positive GDP figure, further diminishing the emphasis we should place on it as an indicator of human progress. Read More »