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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 digitized version of North America.
Latin America Initiative | Issue Brief
Emerging Latin American Multinational Firms: Outward Foreign Direct Investment in the Pacific Alliance Countries
The landscape is changing for foreign direct investment in Latin America. Investments flow not only from north to south, but also from south to south and south to north. What's more, relatively small firms in developing countries are becoming as likely as multinationals to invest abroad.
Roberto Echandi, Yago Aranda, Daniela Gomez-Altamirano June 27, 2017
Trucks transport cargo across the U.S.-Mexico border
Was NAFTA Good for the United States?
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. 
Tony Payan, Russell Green June 25, 2017
Hashtags overlay the Earth.
Measuring the Representativeness of Political Parties Through Social Media Text
Social media is becoming more and more a part of the daily political process. From a political science perspective, the ability to capture the ideology of elites and citizens using a common platform greatly helps in answering a very important question: which party’s ideological position is closest to that of its supporters, on a left-right ideology scale? Research scholar Abdullah Aydogan analyzes the tweets of four major Turkish political parties to answer this question in a post for the Baker Institute Blog.
Abdullah Aydogan June 21, 2017