Downgrading or upgrading NAFTA?

Man on sidewalk in Nikes. Copyright: Woody Wood on flickr (CC BY-NC 2.0)

Man on sidewalk in Nikes. Copyright: Woody Wood on flickr (CC BY-NC 2.0)

Negotiations on the North American Free Trade Agreement will go into the third round on 23-27 September in Ottawa. In this blog post, Ulrich Schoof from Bertelsmann Stiftung analyzes the benefits and negative effects of NAFTA. The outcome of the negotiations is open: Both a successful modernization of the trade deal as well as a complete failure of the negotiations are conceivable.