The author examines the impact of NAFTA renegotiations on established processes for trade disputes between investors and states; between states and states; and regarding unfair trade practices.
Mexico's 18-to-35 year old demographic, the largest voting bloc in the country, could have a historic impact at the polls when voters select a new president on July 1.
At least four states are currently considering a gross receipts tax (GRT) to improve revenues, yet Texas legislators have made attempts to repeal its franchise tax, a form of the GRT. Fellow Joyce Beebe examines this apparent conflict.
This issue brief examines how produced water recycling in Texas oilfields threatens landowners’ ability to earn revenue from selling frac water and disposal services, a more lucrative revenue stream compared to raising cattle.
Texas Gov. Greg Abbott has signed into law a controversial "sanctuary cities" measure that allows police officers to ask people during routine stops if they are in the U.S. legally. Research analyst Pamela Cruz describes the legal fight to prevent the law's enforcement.
Mexico initiated a series of structural reforms in 2013, including major changes to policies governing telecommunications. Nonresident scholar Clara Luz Álvarez explores the implications of a recent ruling by Mexico’s Supreme Court on one of the related laws passed by Congress in a blog post for the Baker Institute Blog.
Public finance fellow Joyce Beebe discusses state and federal legislation aimed at granting states greater authority to collect sales taxes on remote online sales, as well as obstacles to those efforts.
Venezuelan President Nicolás Maduro appears to be a month away from destroying all remnants of what was once one of Latin America's most stable democracies.
The energy reform in Mexico has implemented far-reaching changes in the political, economic, and legal spheres of the country. Any process whereby an industry is opened to private investment investment gives rise to the possibility of disputes that need to be settled within an environment of legal certainty. International arbitration in general, and investment arbitration in particular, are tools that serve both the investor and the state to properly resolve disputes that arise in the energy sector. However, the author argues that a balance must be sought between the legitimate interests and expectations of an investor and the public policy interests of the state, particularly whenever a sector as significant as energy is concerned.
To gain public support for Mexico’s energy reforms, the government promised a future of low gas prices. The author documents the fallout when gas prices instead shot up 20 percent.