Regional Trade and Green Innovation Development Under the NAFTA

Abstract

This chapter analyzes the elements of an environmentally sustainable regional trade and development under the NAFTA based on the decentralization of the infrastructure. The author assesses how the democratization of the territory and innovations in the sphere of institutional design address the complexity of the trade and development challenges. The method employed is the critical analysis supported by a review of the literature and consultation with the experts in the field. It is concluded that the environmentally sustainable capacity planning has a critical role in regional innovation development in specific areas of regional trade and development, economic growth, social inclusion and equality, environmental sustainability, health, education, and business. To achieve these aims, environmentally sustainable regional trade and development require the democratization of the territory and the new institutional design.