Research Library

The energy reform in Mexico has implemented far-reaching changes in the political, economic, and legal spheres of the country. Any process whereby an industry is opened to private investment investment gives rise to the possibility of disputes that need to be settled within an environment of legal certainty. International arbitration in general, and investment arbitration in particular, are tools that serve both the investor and the state to properly resolve disputes that arise in the energy sector. However, the author argues that a balance must be sought between the legitimate interests and expectations of an investor and the public policy interests of the state, particularly whenever a sector as significant as energy is concerned.

The landscape is changing for foreign direct investment in Latin America. Investments flow not only from north to south, but also from south to south and south to north. What's more, relatively small firms in developing countries are becoming as likely as multinationals to invest abroad.

Research scholar Abdullah Aydogan explores to what extent would the spread of right-wing populism in the West may influence the nature of civil-military relations across the world in a post for the Baker Institute blog.

To gain public support for Mexico’s energy reforms, the government promised a future of low gas prices. The author documents the fallout when gas prices instead shot up 20 percent. 

NAFTA has neither been the enormous success that its supporters believe, nor the disaster that its detractors claim. Renegotiating NAFTA — or even threatening to repeal it — is not a high-stakes proposition. The treaty simply does not possess the leverage to deliver a major boost or setback to the U.S. manufacturing sector. 

The extent of fuel theft from pipelines in Mexico is now so great that it is becoming a serious financial burden for state-owned petroleum company Pemex and, more broadly, may pose a challenge to the implementation of policies designed to liberalize Mexico's gasoline market, writes postdoctoral fellow Adrian Duhalt.

The author examines the performance and impact of Mexico’s Programa Frontera Sur, an effort designed to deter unauthorized migration of Central Americans through Mexico’s southern border.

Social media is becoming more and more a part of the daily political process. From a political science perspective, the ability to capture the ideology of elites and citizens using a common platform greatly helps in answering a very important question: which party’s ideological position is closest to that of its supporters, on a left-right ideology scale? Research scholar Abdullah Aydogan analyzes the tweets of four major Turkish political parties to answer this question in a post for the Baker Institute Blog.

Most analysis of NAFTA begins by citing the huge increase in bilateral trade between the U.S., Canada and Mexico since 1993. U.S.-Mexico trade—exports plus imports—has grown three and a half times faster than U.S. GDP since NAFTA began in 1994. If NAFTA were solely responsible for that trade, renegotiating it on more favorable terms might have big payoffs. However, there are seven problems with thinking NAFTA has mattered or can matter very much.

The authors calculate nodal prices for Mexico's power system and analyze how the allocation of financial transmission rights can be used to mitigate resulting effects on electricity distribution. The Energy Journal: http://bit.ly/2UKrw9R