The below-ground potential of Argentina’s shale oil and gas reserves is enticing for companies and investors — the country may have the second largest shale gas reserves and fourth largest shale oil reserves in the world. But the above-ground risk is a significant challenge for exploration and development. In this article, scholar David Mares examines the level of investment and activity in Argentine shale to shed light on the future pace of development of Argentina’s shale gas and oil potential.
Governance of the natural gas sector in Argentina is at an incipient stage. The oil and gas sector developed under a centralized management structure in which a relatively insulated government imposed policy on the sector. That structure is well-developed, even if unstable and characterized by lack of credibility. The traditional unilateral government control of the sector is not appropriate for creating a favorable investment climate for the high-cost, high-risk investments required in shale gas or for managing the protests by civil society actors that have erupted against fracking. But the creation of governance as a replacement for government control is only beginning and faces many obstacles to its full development. The evolution of governance will have a major impact on the development of the country's shale gas resources. Consequently, the full development of Argentina's shale gas potential is problematic.
The emphasis is on the deterioration of the participation of the political institutions and politicians before the citizenry in Costa Rica, which shows a process of exhaustion, loss of legitimacy of institutions and actors. This process goes back a few decades and shows no sign, in the short term, of the emergence of new structures in the political system. This paper systematizes the morphology of exhaustion and identifies the trends in which the reform can be based. Such reform should be based on constitutional engineering and should support the political reform process from the tendencies of change that are expressed in the political system. Published in Revista Derecho Electoral, December 2013. In Spanish only.
This article attempts to explain the so-called turn to the left of several Latin American political systems. There are several "lefts" involved based upon their ideological definitions and their different sociopolitical origins.
