Globalization, NAFTA, and Washington

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Globalization, NAFTA, and Washington

• 4th Annual Urban Poverty Forum
• OneAmerica

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World Disparity Increasing

• Ratio of average income of 5 richest countries to
  5-10 poorest countries
• 1900 91
• Today 1001

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Remittances Prop Up Economies

• In 2005
• Global foreign remittances gt 300 billion
• Donor aid 104 billion
• India, Mexico, China and Philippines were at the
  top of the list, all over 24 billion each

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Corn Culture and Economy
40 of Mexicans (3 million farmers) farmed corn
at the time of NAFTA
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U.S. subsidized corn flooded the market

• The U.S. was allowed to keep most of its
  agricultural subsidies.
• From 1997-2005, a study shows that U.S.
  subsidized corn went into Mexico at 19 percent
  below the cost of its production.

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Devastating Consequences to Farmers

• 1.3 million farmers driven out of business.
• Monthly income for self-employed farmers fell
  from 1959 pesos a month in 1991 to 228 pesos a
  month in 2003.

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Since NAFTA
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Militarization of the Border has Increased
Undocumented Immigrants in U.S.
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Poverty in Washingtons Immigrant Families

• Quarter of foreign-born population live under
  100 of poverty, and another quarter under 200
  of poverty
• Half of children in immigrant families living
  below 200 of poverty

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