Neoliberal policies are often seen as a silver bullet for developing the economy and infrastructure of countries. Many people believe that by switching the control of the markets from the public to the private sectors, businesses will be able to growth at a faster rate and compete at the international level thereby bringing more money and resources to the country’s economy. Additionally, if a country has few export and import regulations, more international businesses will be encourage to invest in the country which would led to the creation of more jobs. Free-trade agreements, especially with the United States, are often adopted by countries that hope to growth their economy. Nevertheless, thinking that free-trade policies are a silver
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In addition to promising local businesses growth, trade agreements with the United States promise from investment by foreign companies in the national economy by creating new jobs. While, many big international corporations do in fact start to open up factories in countries that have previously enter these agreements, businesses invest because of the ability of cheap labor not because of really because of the de-regulation of tariffs that are meant to attract the investment under neoliberal ideology. Through the lack of labor regulations, businesses have access to cheap labor. In the case of Mexico, the lack of labor regulations, led a lot of big corporations to open up maquilas near the border with the US. Yet, the work in the maquilas did not led to better living standards. Instead, maquila workers are paid unnecessarily low wages. Additionally, business did not invest the profits into the local economies where the maquilas are located. Therefore, workers are forced to live in undeveloped, crowded cities, which resemble dumps. In the case you do decide to enter a trade agreement with the US, make sure the trade agreement includes regulations that required business that decide to open up factories in Haiti to invest in growing your local communities’ since they would use up the labor of your class
In addition to promising local businesses growth, trade agreements with the United States promise from investment by foreign companies in the national economy by creating new jobs. While, many big international corporations do in fact start to open up factories in countries that have previously enter these agreements, businesses invest because of the ability of cheap labor not because of really because of the de-regulation of tariffs that are meant to attract the investment under neoliberal ideology. Through the lack of labor regulations, businesses have access to cheap labor. In the case of Mexico, the lack of labor regulations, led a lot of big corporations to open up maquilas near the border with the US. Yet, the work in the maquilas did not led to better living standards. Instead, maquila workers are paid unnecessarily low wages. Additionally, business did not invest the profits into the local economies where the maquilas are located. Therefore, workers are forced to live in undeveloped, crowded cities, which resemble dumps. In the case you do decide to enter a trade agreement with the US, make sure the trade agreement includes regulations that required business that decide to open up factories in Haiti to invest in growing your local communities’ since they would use up the labor of your class