A newly released study from the Project on Middle East Political Science at George Washington University includes a contribution from fellow Jim Krane on subsidy reform and tax increases in the Middle East.
This paper reviews the membership, activities, and impact of the President's Council of Advisors on Science and Technology (PCAST) in the past four presidential administrations, and provides recommendations for PCAST to continue advising the president and generating science policy in the future.
Kenneth M. Evans, Kirstin R.W. MatthewsAugust 24, 2018
The authors seek to spark a deeper conversation on the merits of geoeconomics — i.e., using economic instruments to produce beneficial geopolitical results — as a potential source of new and scalable policy options for the US, as well as the EU and its individual member states, to bolster gas supply and national security across Europe.
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.
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.