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Latin America Initiative | Issue Brief
The Consequences of Preferential Trade Agreements: Lessons for U.S.-Latin America Trade Relations
While academic and popular debates tend to focus on differential benefits and costs of trade across countries or industries, this brief highlights winners and losers at the level of individual firms. The authors demonstrate that preferential liberalization produces concentrated benefits among a relatively small number of very large and productive firms.
Pablo M. Pinto, Leonardo Baccini, Stephen Weymouth November 21, 2017
A gavel rests in front of the Mexican flag.
State-building, the Modernization of the Legal System, and Institutional Effectiveness in Mexico: Notes on the 2013–2014 Energy Reform
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.
Héctor Fix-Fierro November 14, 2017
A map focused on Venezuela.
Latin America Initiative | Commentary
Venezuela’s Crumbling Democracy
Venezuelan President Nicolás Maduro appears to be a month away from destroying all remnants of what was once one of Latin America's most stable democracies.
Erika de la Garza June 30, 2017