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54 Results
A gavel rests in front of the Mexican flag.
The Rule of Law and Foreign Investment in Oil: Petroleum Nationalism in Latin America and Its Implications for Mexico
The development of the petroleum sector has been characterized by a succession of cycles of investment and expropriation that have been particularly pronounced in Latin America. This paper analyzes the causes of these cycles and the lessons that can be derived and applied during the implementation of the petroleum reform in Mexico.
Francisco J. Monaldi January 24, 2017
A gavel rests in front of the Mexican flag.
Prologue: Energy, The Law, and "The Mexican Way"
Mexico’s energy reforms created a still-developing reality whereby interactions among the players require new rules, new dispute settlement procedures, and far-reaching legal expertise. Importantly, the reforms also redefined the country's prevailing culture and legal norms. This prologue serves as a guide for readers of the series of papers that follow on the impact of energy reforms on Mexico's rule of law.
Luis Rubio January 4, 2017
Middle East
Winter Is Coming: Controlled Conflicts and the Oil-price Geopolitical-risk Premium
This paper presents a simple dynamic growth model of investment, consumption, passive military spending, and active military spending for an oil-exporting country. It argues that under conditions of significant geopolitical strife, a country might engage in a military conflict of limited scope and extent to drive up oil prices and revenues.
Mahmoud A. El-Gamal November 21, 2016
Drugs and a gun with money in a pile
The Victimology of Extortions in Mexico
Criminal extortion is on the rise in Mexico, particularly along the northern border states. Author Gary Hale shows how this trend has fueled government corruption, with officials implicitly or explicitly aiding organized crime groups as they extort businesses and citizens.
Gary J. Hale November 4, 2016