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Latin America Initiative | Issue Brief
The Consequences of Preferential Trade Agreements: Lessons for U.S.-Latin America Trade Relations
While academic and popular debates tend to focus on differential benefits and costs of trade across countries or industries, this brief highlights winners and losers at the level of individual firms. The authors demonstrate that preferential liberalization produces concentrated benefits among a relatively small number of very large and productive firms.
Pablo M. Pinto, Leonardo Baccini, Stephen Weymouth November 21, 2017
A gavel rests in front of the Mexican flag.
State-building, the Modernization of the Legal System, and Institutional Effectiveness in Mexico: Notes on the 2013–2014 Energy Reform
Nobody can ensure that the economic gamble underlying the 2013–2014 energy reform will achieve the desired or expected success. However, the author presents evidence demonstrating that Mexico has gradually been building the institutions that will be able to perform governmental operations with reasonable effectiveness.
Héctor Fix-Fierro November 14, 2017
The Texas Gulf Coast.
Implementing the Texas Coastal Exchange
The unfettered development of Houston's flood-prone areas undoubtedly magnified the tremendous damage caused by Hurricane Harvey, but zoning or other land use controls are unpopular on the Texas coast and are unlikely to be adopted as a result. With this in mind, the SSPEED Center at Rice University looked to innovation and the market system to find a creative solution to protect important natural, flood-prone areas from further development. 
Jim Blackburn September 13, 2017
A natural gas plant in Russia.
Russia's Use of the "Energy Weapon" in Europe
This brief quantifies the potential exposure of key European countries to Russian gas price and supply manipulation, shows how Moscow has used energy as an instrument of coercive diplomacy since the early 1990s, and briefly assesses the impacts and future policy implications of Russian entities’ past use of the “energy weapon” in and near Europe. Although it has not been widely successful to date in the former Soviet zone, Russia's use of the energy weapon against Western European countries in various forms still constitutes a strategic threat that warrants close attention from policymakers in Washington and throughout Europe, writes fellow Gabriel Collins.
Gabriel Collins July 18, 2017
Oil and Gas
Energy Dialogues Summary: 2017
On March 28, 2017, Energy Dialogues organized an event co-hosted with Shell at the Shell Woodcreek Campus in west Houston in which participants from across the oil and gas sector engaged in discussions that centered on three themes: economy, environment, and coalition-building. This report summarizes the day's discussions.
Kenneth B. Medlock III June 30, 2017