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Unequal Partners

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Unequal Partners Synopsis

Since Mexico\u2019s defeat in the Mexican-American War of the 1840s, the United States has continued to dominate Mexico economically, militarily, and politically. This long history of asymmetry has created a Mexican distaste for \u201cAmerican arrogance,\u201d and an American vision of Mexico as its \u201cbackyard.\u201d The imbalance has damaged political negotiations, trade pacts, and capital flows, as suspicions and protectionism have undermined diplomacy. Despite these events, the two nations remain joined at the hip: more than 80 percent of Mexico\u2019s exports are to the United States, and the majority of foreign investment in Mexico comes from America. In Unequal Partners, Sidney Weintraub examines the current relationship of Mexico and the United States as one of sustained dependence and dominance. The chapters examine the consequences of this imbalance in six major policy areas: trade; investment and finance; narcotics; energy; migration; and the border. The book begins in 1954 when the Mexican \u201cgrowth miracle\u201d was at its apex, and proceeds to the present. Special attention is paid to the post-1982 debt crisis era, when Mexico began a more outward-looking trade policy. As this study reveals, Mexico has often been its own worst enemy in foreign relations. Over the past thirty years, the country has been plagued by debt, currency fluctuations, tax collection problems, political corruption, and state-controlled business monopolies that block foreign investment and importation. These factors have created an environment of instability, damaged outside perceptions, and weakened Mexico\u2019s bargaining position. Weintraub considers future policy changes that would help Mexico to level the playing field. Improving the education system, he argues, will benefit nearly every other activity and institution, and opening the oil market to private investment and technology will help develop deep-water drilling and revitalize this significant export commodity. In foreign relations, Mexico must be assertive—as it has been in easing U.S. restrictions on goods traded through NAFTA, and demanding U.S. aid to fight drug cartels—not passive, as it currently is on U.S. anti-immigration policy and the proposed border wall. Perhaps most importantly, the study points to the deeper development of policies that are proactive and outward looking.

About This Edition

ISBN: 9780822960584
Publication date: 28th March 2010
Author: Sidney Weintraub
Publisher: University of Pittsburgh Press
Format: Paperback
Pagination: 184 pages
Series: Pitt Latin American Series
Genres: International relations