Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors.

European finance ministers have agreed to the final pieces that will create a banking union and a fund that can be used to rescue failing EU member banks — a big step forward for European financial stability. International economics fellow Russell Green explains in the Baker Institute Blog.

The past few months have seen extraordinary progress in financial sector reforms in India. Why now, near the end of the current government’s term?

Allowing the producer-dominated market to set drug prices has spiraled the cost of cancer drugs out of control. Drug pricing can be reduced while preserving the profit-making incentive, by linking price to a true measure of quality: preservation and meaningful prolongation of life.

To access the full paper, download the PDF on the left-hand sidebar.

I. Introduction

Currently, much attention is…

In the face of a persistent decline and stagnation in research and development funding, scientists and engineers must devote more time and effort toward keeping the economic and societal value of science in the public and advocate for it to hold a higher standing in the federal budget. Published in vol. 2, issue 1, of The Journal of Science Policy and Governance.