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193 Results
Oil rig at night
Will Pemex Remain “First Among Equals” Under Mexico’s Upcoming Petroleum Legislation?
Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors.
Isidro Morales June 13, 2014
Transmission towers against a sunset.
Navigating the Perils of Energy Subsidy Reform in Exporting Countries
Fossil fuel subsidies have allowed energy exporting countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected. But subsidy benefits are dwarfed by the harmful consequences of encouraging uneconomic use of energy. Now, with consumption posing a threat to long-term exports, governments face a heightened need to raise prices that have come to be viewed as entitlements. While reforms of state benefits are notoriously politically dangerous, previous experience shows that subsidies can be rolled back without undermining government legitimacy — even in autocratic settings — given proper preparation.
Jim Krane May 2, 2014
A gavel rests in front of the Mexican flag.
Vigilantism in Mexico: A New Phase in Mexico's Security Crisis
The violent struggle between rival Mexican drug cartels and other criminal groups has left tens of thousands dead and towns across Mexico paralyzed with fear. With overwhelmed police forces relatively powerless to control drug-related murders and kidnappings, a growing number of vigilante organizations, or self-defense groups, aim to restore order — but now even they are fighting, and killing, among themselves.
Gary J. Hale April 18, 2014