Research Library

Since the first quarter of 2014, Brazil has been living in crisis mode as the result of a severe economic crisis in conjunction with an investigation into widespread corruption that has penetrated the highest offices in the government. Although the impeachment of Dilma Rousseff in 2016 did offer some hope for recovery, recent events demonstrate that Brazil's troubles are still ongoing. Contributing expert Sergio Fausto analyzes the main factors leading to this crisis and surveys the current economic and political situation.

James A. Baker, III, and George P. Shultz — both former secretaries of state and Treasury secretaries — offer "A Conservative Answer to Climate Change" in a commentary for The Wall Street Journal.

This paper explores the constitutional and legal standards regarding oversight systems related to accountability, transparency and responsibility within the scope of the energy reform in Mexico. It analyzes these regulatory structures and assesses whether the procedures satisfy the constitutional principles that the energy reform establishes for the petroleum sector. It also identifies challenges and opportunities for improvement presented by the legislation.

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.

This compilation of briefs addresses a range of issues the new administration will face in the coming years.  “It is our hope that these Baker Institute studies will prove to be useful starting points for the new administration to develop comprehensive, forward-looking solutions," said Baker Institute Director Edward Djerejian.

Although the energy challenge is significant and requires a long-term view to be successfully addressed, long-term goals can be sustainably achieved through fundamental research and development.

Mexico Center director Tony Payan outlines overarching principles and specific policy proposals that, with the necessary political will, can productively address complex immigration issues.

Repealing Obamacare and replacing it with market-based coverage that is both compassionate and prudent will make health care affordable again, which will guarantee access to insurance coverage for all Americans.

With growing competition from abroad, the U.S. must reform its fiscal policy to reduce debt, maximize economic efficiency — including minimizing the distortions caused by the tax system — and maintain its areas of competitive advantage.

The federal government will need a nuanced approach to properly stimulate small business growth. However, a core focus should be on creating a level playing field for community banks to compete to provide small business loans.