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9 Results
A gavel rests in front of the Mexican flag.
Economic Competition and the Energy Sector: The Electricity and Natural Gas Markets
Despite the recent energy reforms in Mexico, the conditions under which some economic sectors operate in Mexico reflect a reality that is still far from a competitive marketplace, and the benefits that such markets generate. The authors of this paper present three factors that, if not recognized in a timely manner, may limit the effective application of the most recent reform in the natural gas and electricity industries.
Josefina Cortes Campos, Eduardo Perez Motta January 31, 2017
Middle East
Winter Is Coming: Controlled Conflicts and the Oil-price Geopolitical-risk Premium
This paper presents a simple dynamic growth model of investment, consumption, passive military spending, and active military spending for an oil-exporting country. It argues that under conditions of significant geopolitical strife, a country might engage in a military conflict of limited scope and extent to drive up oil prices and revenues.
Mahmoud A. El-Gamal November 21, 2016