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193 Results
A gavel rests in front of the Mexican flag.
Coordination of the Regulators of the Hydrocarbon Sector: Is It Optimal for the Rule of Law?
One of the goals of Mexico's energy reform was to create a regulatory system that would foster competition in a very complex political environment. This framework, known as "coordinated regulatory bodies," was established in Article 28 of the Constitution and is intended to oversee and regulate the hydrocarbons sector. This paper conducts a legal analysis of this new model of regulation and seeks to determine whether its implementation strengthens the rule of law in Mexico.
Miriam Grunstein April 5, 2017
Trade containers behind a fence.
Latin America Initiative | Issue Brief
Trade Liberalization in Brazil: When and How?
Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.
Pedro da Motta Veiga March 21, 2017
A gavel rests in front of the Mexican flag.
Energy Reform and Political Representation: The Importance of Negotiation and Public Deliberation
The recent energy reform in Mexico is the most radical institutional change the country has experienced since the nationalization of the oil industry in 1938. The authors of this paper outline how this major reform was accomplished, examining its primary supporters and detractors, the multi-dimensional interests at play, and the negotiation strategies used. They also analyze the quality of the prior deliberation process in order to determine the degree of legitimacy of the reform.
José del Tronco, Mara Hernández February 28, 2017
Transmission towers against a sunset.
Optimal Transmission Planning Under the Mexican New Electricity Market
Mexico's electricity market has engaged in a deep reform process after decades of a state-owned, vertically integrated, noncompetitive closed industry. Using different modeling strategies, the authors of this paper analyze electricity transmission planning under the new industrial and institutional structure, which is characterized by a nodal pricing system and an independent system operator (ISO).
Eric Zenón, Juan Rosellón February 16, 2017