This issue brief proposes a framework for awarding bids in a public tender for exploration
blocks. The context for the proposal is Mexico’s energy reform of 2013-2014.
This issue brief examines the signals conveyed by Mexico's 2014 energy reforms, and analyzes the limitations in law, institutional design and policy that may delay, if not derail, the reforms' success.
This issue brief identifies the four main reforms that the new Prime Minister Narendra Modi’s government must undertake to revive the manufacturing industry in India.
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.
Texas state Rep. Jason Villalba (R-Dallas) laments that “5.5% of voters have been given 100% authority to determine what our Republican Party looks like and stands for.” The 5.5 percent he refers to is the percentage of registered voters who cast a ballot in the May 27 Republican primary. Who participates in the Republican primary and comprises the 5.5 percent with whom Villalba is at odds on many issues?
Energy regulation under Mexico's energy-sector reforms are of great interest to investors, since autonomous regulators—protected from political pressures and able to make and sustain technical decisions—can guarantee greater legal consistency than government authorities exposed to political pressures. The difficulty was finding an alternative model that ensured the institutional strengthening of the agencies without relinquishing too much control of the executive branch.
It is inconceivable to imagine our nation today without the gains of the Civil Rights Act. It is impossible to understand why the issue was so divisive then, since it is such an obvious right and moral proposition. Similarly, let us hope we will look back at the Affordable Care Act 20 years from now and wonder why it was such a contentious topic in 2014.
Following the legalization of retail marijuana sales in Colorado and Washington, and medical marijuana in 22 states with more to follow, marijuana legalization appears inevitable — even in “law and order” states like Texas. Political science fellow Mark P. Jones discusses why Texas is unlikely to legalize the sale and consumption of marijuana in the near future.
