international competitiveness of the maquiladoras in the context of nafta-functioning: experience for ukraine
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ID: 156261
2015
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Abstract
The article is aimed at studying the emergence of the maquiladoras in Mexico,
their evolution, characteristics and stages of development. The theoretical
background of the maquiladoras is considered from the position of the product
life cycle theory. As one of the preconditions for the emergence of the socalled
«golden age» of the maquiladoras served a powerful devaluation of the
Mexican peso in the mid 1990's. Along with this, a number of authors have
noted the non-obviousness of economic successes in the whole economy of
Mexico. The current stage is characterized by the transition of the maquiladoras
from assembling and simple productions towards the producing innovative
products and marketing their own brands. It is noted that among the investors
in the maquiladoras, in contrary to the American TNCs, the number of companies
from Southeast Asia and Europe is still growing. The author concludes
that in the middle of the 1990's the maquiladoras were transformed from the
special economic cross-border trade along with investments with the United
States, which had a local character, into a classical free trade zone. The article
contains an attempt to extrapolate the experience of the maquiladoras on interaction
in the creation of a free trade zone with the US-market, against the
background of the growing competition from Southeast Asian countries at the
US-market, considering the current trade relations of Ukraine with the EU.
| Reference Key |
2015bznesinternational
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|---|---|
| Authors | ;Grygorova-Berenda Larysa I. |
| Journal | journal of inorganic and organometallic polymers and materials |
| Year | 2015 |
| DOI |
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