The development of the petroleum sector has been characterized by a succession of cycles of investment and expropriation that have been particularly pronounced in Latin America. This paper analyzes the causes of these cycles and the lessons that can be derived and applied during the implementation of the petroleum reform in Mexico.
This paper examines the cash flow and financial issues affecting Venezuela’s PDVSA, as well as the operational challenges facing the country’s oil industry.
Igor Hernández, Francisco J. MonaldiNovember 18, 2016
At least 164 papers have defined a "patent thicket" since the first mention of the term in 1988. Authors are frequently inconsistent in their definitions and overall there is evidence of a growing confusion concerning patent thickets. Our analysis largely resolves this confusion.
Part of a study directed by the Center for Energy Studies at Rice University’s Baker Institute, Harvard University’s Geopolitics of Energy Project at the Kennedy School and the University of California, Davis, Graduate School of Management.
Venezuela is a textbook example of a resource-dependent country. Nevertheless, Venezuela currently combines an economy that is stagnant, despite high oil prices, with an increasingly authoritarian government.
Pedro L. Rodríguez, José R. Morales, Francisco J. MonaldiSeptember 30, 2012
Latin America recently experienced a new wave of nationalization in the hydrocarbon sector with tax increases and the participation and control of the state. There is considerable variation in the specific policies that Latin American countries implemented, however.