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.
NAFTA has neither been the enormous success that its supporters believe, nor the disaster that its detractors claim. Renegotiating NAFTA — or even threatening to repeal it — is not a high-stakes proposition. The treaty simply does not possess the leverage to deliver a major boost or setback to the U.S. manufacturing sector.
The extent of fuel theft from pipelines in Mexico is now so great that it is becoming a serious financial burden for state-owned petroleum company Pemex and, more broadly, may pose a challenge to the implementation of policies designed to liberalize Mexico's gasoline market, writes postdoctoral fellow Adrian Duhalt.
The author examines the performance and impact of Mexico’s Programa Frontera Sur, an effort designed to deter unauthorized migration of Central Americans through Mexico’s southern border.
Most analysis of NAFTA begins by citing the huge increase in bilateral trade between the U.S., Canada and Mexico since 1993. U.S.-Mexico trade—exports plus imports—has grown three and a half times faster than U.S. GDP since NAFTA began in 1994. If NAFTA were solely responsible for that trade, renegotiating it on more favorable terms might have big payoffs. However, there are seven problems with thinking NAFTA has mattered or can matter very much.
A universally agreed-upon definition of the U.S.-Mexico border region is elusive, to say the least. The boundaries vary widely depending on the government entity or academic institution involved. This brief reviews the many officially sanctioned definitions of the region, and explains why a consensus is necessary for effective border management.
The migration of high-skilled professionals from Mexico to the U.S. has myriad impacts, economic and otherwise. The author examines the state of high-skilled migration and questions that should be answered on both sides of the border before changes are made to the current system.
Tony Payan, director of the Baker Institute Mexico Center, testified on transnational labor flows and commerce at an April 10, 2017, hearing of the Texas House Committee on International Trade and Intergovernmental Affairs.
Ambassador Edward P. Djerejian, director of the Baker Institute, makes the case for a comprehensive North American strategy in which the U.S., Mexico and Canada act in concert to become the global superpower of the 21st century.
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.