A blog or two ago I quoted the huge gap in average annual income beteen
Mexico and the U.S., using numbers I got from the BBC News country summaries
I find myself wondering about the history of that gap. Obviously it has
always been large. Is it getting larger? Smaller? Or what? Did NAFTA
make any difference to it?
I dimly recall reading somewhere that NAFTA did indeed close the gap for a
while, but that the gap has since widened again to some kind of historical
norm. The memory is vague, though.
Can anyone with better command of international-economic databases than I
have clear this up for me?