With high entrepreneurship and startup rates, Latino immigrants are key contributors to U.S. economic development. In a new report for the Center for the U.S and Mexico, nonresident fellow Elizabeth Salamanca explains how their skills and expertise are integral to innovative startups that often evolve in binational businesses, operating in both the U.S. and Mexico.
Despite innovations in information and communication technologies, Mexico has experienced slow productivity and GDP growth over recent decades. For insights into why the country’s economic progress has been limited, read nonresident scholar James Gerber’s new research paper for the Center for the U.S. and Mexico.
The challenges faced in the Texas electricity market are well publicized, but not insurmountable. Julie A. Cohn presents key findings and recommendations to address concerns about the reliability of the Texas energy grid. Several issues to watch have bearing on the state’s economy and the well-being of its population. Moreover, the outcomes of proposed policies to address various issues carry implications for electrification and the deployment of renewable energy well beyond Texas.
After seven years of steady decline and an accumulated drop of 25%, Latin America’s crude oil production has recovered by more than 9% over the past two years, thanks to significant growth in Guyana and Brazil and smaller increases in Argentina and Venezuela. Francisco J. Monaldi walks us through these developments and what could be ahead for the region.
Despite its uncertain future in the context of energy transitions, oil remains the largest global energy source, and oil markets will continue to demand attention in the near term given their economic and geopolitical impacts. Mark Finley discusses global oil production, demand, and implications.
Nearshoring is gaining global economic significance, with Mexico poised to capitalize on this trend due to its proximity to the U.S., skilled work force, and other competitive factors. A brief commissioned by the Center for the U.S. and Mexico outlines these advantages and discusses the infrastructural challenges that Mexico must overcome to unlock its nearshoring potential.
Indira Romero, Jesús Antonio López CabreraJuly 16, 2024
Nearshoring offers Mexico a major economic opportunity; however, current policy hindering power expansion, energy transition, and private investment forestalls this prospect. A report by the Center for the U.S. and Mexico on their collaborative workshop series with Tecnológico de Monterrey dissects the power sector’s critical role in nearshoring efforts and offers policy recommendations for a way forward.
Tony Payan, Rodrigo Montes de Oca, Rolando Fuentes, Roberto Duran-FernandezJuly 3, 2024
As Mexico faces a potential return to single-party rule, its ability to attract foreign direct investment is diminishing, writes fellow David A. Gantz. In this issue brief, he explores a range of factors contributing to Mexico’s adverse investment climate.
Hoping to expand trade relations post-Brexit, the U.K. is forming nonbinding memorandums of understanding (MOUs) with individual U.S. states. Fellow David A. Gantz’s report navigates the complex political terrain and economic promises of these MOUs with a focus on the U.K.’s agreements with Texas and Washington.