Effects of Globalization for Developing Economies Part II
Globalization is thus a political process in which powerful nations and international organizations led by them, take the economic and financial decisions that affect the rest of the world. Is globalization which reflects the control of the industrialized nations, the main between U.S. hegemony.
Mexico has been immersed in this process of globalization without any misgivings, has signed eight free trade and economic complementation agreement. Yet the main trading partner is the United States, over 80% of Mexican exports have that destination.
The Free Trade in North America, NAFTA (Mexico, United States
U.S. and Canada). (Published in the Official Gazette on December 20
1993).
The Free Trade G-3 (Mexico, Colombia and Venezuela) (Published
in the Official Gazette on January 9, 1995).
The Free Trade Agreement between Mexico and Bolivia (Published in the Journal of
the Federation on January 11, 1995).
The Free Trade Agreement between Mexico and Costa Rica (Published in the Journal
Gazette on January 10, 1995).
The Free Trade Agreement between Mexico and Nicaragua (Published in the Journal
Gazette on July 1, 1998).
The Free Trade Agreement between Mexico and the Republic of Chile (Published
in the Official Gazette on July 28, 1999).
The Free Trade Agreement between Mexico and Israel (Published in the Journal of
Federation on June 28, 2000)
The Free Trade Agreement between Mexico and the European Union (Published in the
Journal of the Federation on June 26, 2000).
In conclusion, the fear of globalization is not simply a prejudice or fear of the unknown, the opposite is the suspicion that advanced capitalist domination in a number of gadgets and treaties. Globalizacón But the evil is not an agent all civilization but is selective and greatly benefits while some others were sinking ever deeper into poverty.
