A 1944 U.S.-Mexico water treaty still in effect is one of the world’s finest examples of binational cooperation in managing shared transboundary water resources. The author explains why, concluding that such an agreement could not be reached in today's political climate.
Measuring the costs of corruption around the world is challenging due to varying definitions of corruption, the invisibility of many corrupt acts, and the subjectivity of perceptions. In this research paper, postdoctoral research fellow Jose I. Rodriguez-Sanchez explores the difficulties of measuring corruption in Mexico.
Nonresident fellow Jesús Velasco examines the domestic politics in the U.S. and Mexico to explore the roots of contemporary political tensions between the two countries, an approach he writes is needed to determine the future of bilateral relations.
Nobody can ensure that the economic gamble underlying the 2013–2014 energy reform will achieve the desired or expected success. However, the author presents evidence demonstrating that Mexico has gradually been building the institutions that will be able to perform governmental operations with reasonable effectiveness.
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.
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.
This study analyzes the new legal framework and definitions governing Mexico's energy sector as a result of the constitutional reform, and the implications for the hydrocarbons and electrical sectors.
One of the goals of Mexico's energy reform was to create a regulatory system that would foster competition in a very complex political environment. This framework, known as "coordinated regulatory bodies," was established in Article 28 of the Constitution and is intended to oversee and regulate the hydrocarbons sector. This paper conducts a legal analysis of this new model of regulation and seeks to determine whether its implementation strengthens the rule of law in Mexico.
An intrinsic element of Mexico's 2013-2014 energy reform was the promise that transfers of technology required to exploit the country's hydrocarbons would take place. This paper analyzes the extent to which this has actually happened and proposes policies that could foster innovation in the energy sector in Mexico.
