Abstract
The North American political economy (with apologies to Mexico) is a shorthand reference to the political economy of CanadaUnited States relations. This term does not presume a single economic (or political) system encompassing the two countries. It merely recognizes the extensive interdependence between the two economies, and the reality that many of the economic problems encountered by one or other of the two countries are in fact the product of the same global developments.1 The fundamental purpose of this essay is to identify the reasons for and nature of the responses by the Canadian and United States governments to global economic developments, and to explore alternative responses.
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