When illegal workers use false documents to get a job in the U.S., their employers may complete the paperwork by deducting Social Security, federal, state and Medicare taxes from each paycheck. As of 2010, illegal workers have contributed $12 billion to the Social Security system alone. Such workers face poverty in old age, as they are barred from collecting retirement benefits because of their immigration status, and they have not accrued a pension in their home country.
Key industry practices followed by international oil and gas companies, if adequately implemented by Pemex, may complement Mexico's energy plan to help recognize areas of opportunity for Pemex, the authors write.
By Paul Lagunes, Baker Institute for Public Policy; Xiaoxuan Yang, Columbia University; and Andrés Castro, Columbia University.
Corruption is a persistent problem throughout Latin America. Higher rates of perceived corruption are associated with lower levels of economic welfare and direct foreign investment, write the authors.
Paul Lagunes, Xiaoxuan Yang, Andrés CastroJuly 8, 2019
The number of energy-related social conflicts in Mexico has risen dramatically over the last several years. The authors review the reasons for these conflicts and the social impact assessments that should be required for firms developing energy projects in Mexico.
Ivonne Cruz, Adrian Duhalt, Pamela Lizette CruzJune 21, 2019
If the country is to be economically successful and democratically viable, it would require learning from past mistakes and developing its significant potential in other economic sectors, writes energy policy fellow Francisco J. Monaldi. Forbes blog: http://bit.ly/2R80KU3.
In the near term, a ban on shale development in Mexico will have little impact since factors like limited infrastructure and access to water would likely stall progress in any case, the authors conclude. In the long-run, a ban may adversely affect efforts to diversify Mexico’s gas supply.
Adrian Duhalt, Anna B. Mikulska, Michael D. MaherMay 3, 2019