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.
Despite the recent energy reforms in Mexico, the conditions under which some economic sectors operate in Mexico reflect a reality that is still far from a competitive marketplace, and the benefits that such markets generate. The authors of this paper present three factors that, if not recognized in a timely manner, may limit the effective application of the most recent reform in the natural gas and electricity industries.
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.
Media reports that Pemex, Mexico's state-owned petroleum company, is looking for buyers for its fertilizer subsidiary may indicate that it is seeking to scale down operations by selling assets and, perhaps more importantly, to withdraw from an economic activity seen as strategic in reducing Mexico´s dependency on imports of basic staples such as corn.
NAFTA has become increasingly more controversial in the United States. U.S. firms and workers are best served by an examination of the agreement to improve and modernize the relationship and make it more equitable to all partners. This will benefit America’s economy, and that of Canada and Mexico.
Although the energy challenge is significant and requires a long-term view to be successfully addressed, long-term goals can be sustainably achieved through fundamental research and development.
Mexico’s energy reforms created a still-developing reality whereby interactions among the players require new rules, new dispute settlement procedures, and far-reaching legal expertise. Importantly, the reforms also redefined the country's prevailing culture and legal norms. This prologue serves as a guide for readers of the series of papers that follow on the impact of energy reforms on Mexico's rule of law.
This paper analyzes access to water in Mexico in the context of the country’s energy reform, including social conflicts that may arise from opposing environmental and energy priorities.
Alejandro Posadas, Regina M. BuonoDecember 13, 2016
Authors Tony Payan and Guadalupe Correa-Cabrera lay out how Mexico must anticipate and resolve potential problems in organized crime, corruption and natural resource allocation priorities in order to successfully implement its energy reforms.
Tony Payan, Guadalupe Correa-CabreraDecember 6, 2016
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.