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.
As China continues to open up to the transnational circulation of labor, ideas, technology and capital under globalization, one must wonder: will Chinese society’s more cosmopolitan and transnational groups continue to be guided by guanxi, the system of social networks and influential relationships that facilitate business and other dealings?
Steven W. Lewis, Elaine Howard Ecklund, Di DiMarch 31, 2017
As a result of the 2013 energy reform, oil and gas companies completing projects in Mexico must now meet mandatory requirements to utilize local goods and services suppliers.
The authors analyze the legislative framework in place to enforce the local content requirement and the economic implications of the policy.
This paper argues that the Texas social studies curriculum does not offer balanced coverage of world religions, due in large part to intervention by conservative members of the Texas State Board of Education. The paper identifies examples of imbalanced coverage in social studies texts and offers recommendations for broadening coverage of religion in Texas public schools.
Houston’s pension funds are in financial trouble and pose a significant risk to the financial health of the city. This paper analyzes a subset of the city's pension plans—in particular, what is normally referred to as a defined benefit (DB) plan.
After decades of underinvestment, Mexico's natural gas pipeline network faces severe limitations in capacity and geographical coverage, leading to limitations in meeting domestic demand. To correct this, the government has launched an aggressive program to upgrade natural gas transport capabilities. The natural gas infrastructure program and energy reform are designed in part to help decrease Mexico’s reliance on imports of fertilizers (urea) and basic food staples, which stand at approximately 70 percent and 43 percent of domestic consumption, respectively. Increasing natural gas production and infrastructure will contribute to gains in ammonia and nitrogen fertilizer production, which would in turn have a positive impact on Mexico’s agroindustry.
The positive effects of a corporate income tax reform in the United States might well be enhanced by a simultaneous move to a territorial system coupled with anti-base erosion provisions designed to limit revenue losses; however, the effects of implementing territoriality are tenuous and seem likely to be small in the aggregate. Published by the American Action Forum.