Research Library

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.

Mexico is gradually laying the foundation for an oil and gas sector where private—along with some state-owned—international companies are taking central stage. However, authorities should not ignore the necessity of developing a domestic oil and gas sector, writes Adrian Duhalt in a post for the Baker Institute blog.

The landscape is changing for foreign direct investment in Latin America. Investments flow not only from north to south, but also from south to south and south to north. What's more, relatively small firms in developing countries are becoming as likely as multinationals to invest abroad.

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.

The U.S. prosecution of drug kingpin El Chapo Guzman could open a Pandora’s box that exposes corrupt officials in both countries, writes fellow Gary Hale in the Baker Institute Blog.

In the early 2000s, the Inter-American Development Bank conducted a series of analyses evaluating the role of key actors in the public policymaking process in eight Latin American countries — Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay and Venezuela. This working paper reviews the degree to which these eight country-level analyses still accurately portray the actors and their present-day roles in the policymaking process.

U.S. policy should facilitate and support investment in Latin America’s oil and gas sectors, which would contribute to energy security and support economic integration with Mexico and Latin America, writes fellow Francisco J. Monaldi.

Colombians on Sunday (10/2) voted against a peace deal with FARC negotiated by President Juan Manuel Santos. What are the potential ramifications of the vote, and the prospects for resolving the country's decades-long confict with the rebel group?

President Juan Manuel Santos of Colombia promised that if his administration negotiated peace with the guerrilla group FARC, he would bring the agreement to the people for ratification. But his request for a plebiscite (a type of referendum) quickly turned into a clash between Santos and former President Alvaro Uribe, whose Centro Democrático party is leading a campaign against the agreement. Read more at the Houston Chronicle Blog: http://bit.ly/2cTT8zB

As Zika virus infection spreads across the Latin American and Caribbean region and into the southern United States, we can expect to see thousands of additional children born with microcephaly and more newborns or older infants with signs of more subtle but significant neurologic defects and developmental delays.