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2. Mexico in a Mirror: International Lessons for the Consolidation of the New Mexican Energy Model/México ante el espejo: Lecciones internacionales para la consolidación del nuevo Modelo Energético Mexicano
- Author:
- COMEXI
- Publication Date:
- 01-2017
- Content Type:
- Special Report
- Institution:
- Mexican Council on Foreign Relations (COMEXI)
- Abstract:
- The Mexican Council on Foreign Relations (COMEXI), through its Energy Work Group, presents an analysis and a set of recommendations to guarantee the continuity of the Energy Reform, implemented in 2013. The Energy Work Group (GTE in Spanish) is a COMEXI-driven initiative that emerged in response to the need of addressing the challenges the energy sector has brought about for Mexico in the last years; it seeks to seize the chance to turn the country into a driver of development for all Mexicans. To this end, several experts, key players and leaders of energy companies in our country have joined forces to compile the best international practices in the field to have a positive impact on the strengthening of the energy market. Throughout its existence, the GTE has issued several recommendations concerning the instrumentation, implementation and effective date of the Energy Reform. These recommendations can be consulted on COMEXI’s official website. Also, many of them have been encompassed in the laws passed for the energy-market opening in Mexico. Hence, in this new release, we wish to contribute to guaranteeing the permanence of the Reform in the light of the unforeseeable circumstances we are currently undergoing, from the political ups and downs in Mexico to the renegotiation and future of NAFTA. This proposal summarizes some of the different alternatives Mexico could adopt to achieve this objective. Furthermore, it compares success stories in other regions of the world to shed light on the ups and downs of other country’s experiences and traces clear routes towards implementation. GTE will continue combining forces to contribute to the sector’s development and to consolidate our country as a competitive and relevant energy player. / El Consejo Mexicano deAsuntos Internacionales (COMEXI), a través de su Grupo de Trabajo de Energía, presenta un análisis y serie de recomendaciones para garantizar la continuidad de la Reforma Energética, implementada en el 2013. El Grupo de Trabajo de Energía (GTE) es una iniciativa de COMEXI que surgió ante la necesidad de atender los retos que el sector energético ha representado para México en los últimos años, así como para aprovecharla oportunidad de convertirlo en un motor de desarrollo para los mexicanos. Para ello, diversos expertos, actores clave y directivos de empresas energéticas en nuestro país han sumado esfuerzos para recopilar mejores prácticas internacionales en el tema, con el fin de influir positivamente en el fortalecimiento del mercado energético
- Topic:
- Energy Policy, Markets, International Affairs, Reform, and NAFTA
- Political Geography:
- North America and Mexico
3. Anti-Corruption Proposals for the Mexican Energy Sector
- Author:
- Diana Melisa Talamás Santos and Alma Thalía Aguilar Cabello
- Publication Date:
- 10-2016
- Content Type:
- Special Report
- Institution:
- The Wilson Center
- Abstract:
- Corruption is a grave and centuries-old phenomenon that has affected all countries across the globe to different extents. To date, there is still no precise solution to fight and, lesser still, eradicate corruption. Corruption can cause myriad problems in society, which include, but are not limited to, producing and increasing poverty, broadening the inequality gap, enriching the privileged, weakening the legal system, favoring insecurity and impunity, chipping away at public and private institutions, affecting the labor market and the economy, producing inefficiency in public services and goods, promoting a culture of illegality, and causing vast losses in material and economic resources that could have been used to satisfy societal needs.
- Topic:
- Corruption and Energy Policy
- Political Geography:
- Mexico
4. Brazil and Mexico: Hope or hype?
- Author:
- Robert F. Noriega and Felipe Trigos
- Publication Date:
- 04-2014
- Content Type:
- Special Report
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- Key points in this Outlook: Key Latin American governments, such as Brazil and Mexico, must adopt economic, fiscal, and energy policies that will maximize job creation, sustainable growth, and energy self-sufficiency. The performance of Latin American economies has a disproportionate effect on US prosperity, heightening the costs of the Obama administration’s indifference toward the region. The American economy will benefit from more vigor and vision as US policy encourages economic partnerships with Latin America that cultivate a healthy private sector, energy interdependence, and greater competitiveness in a global market.
- Topic:
- Energy Policy, Bilateral Relations, Global Markets, Economic Growth, and Economic Policy
- Political Geography:
- Brazil, Latin America, and Mexico
5. Latin American energy monopolies: Boom or bust?
- Author:
- Robert F. Noriega and Felipe Trigos
- Publication Date:
- 07-2013
- Content Type:
- Special Report
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- At a time when several Latin American economies should be “firing on all cylinders” to sustain growth and development, their critical petroleum sectors are underperforming. Despite hopeful projections, the biggest energy companies in Latin America are controlled by the state and are hampered by government interference and short-term political agendas. Although these companies should be the engines of growth for their national economies, resource nationalism and popular gasoline subsidies limit these companies’ abilities to evolve into more efficient, competitive, and profitable enterprises. Brazil’s Petrobras, Mexico’s Petróleos Mexicanos (Pemex), and Venezuela’s Petróleos de Venezuela S.A. (PDVSA) are energy giants that are being consumed by mismanagement, corruption, and political agendas. For these companies to maximize their productivity and competitiveness and thereby deliver greater benefits to their countries, they should pursue professional management, transparency, and free competition with private companies and should open themselves to foreign capital and technology.
- Topic:
- Energy Policy, Oil, Natural Resources, Business, and Monopoly
- Political Geography:
- Latin America and Mexico
6. Can Latin American Oil Companies Free Themselves from the Legacy of Nationalization? (Les compagnies pétrolières latino-américaines peuvent-elles s'affranchir de l'héritage de la nationalisation ?)
- Author:
- Isabelle Rousseau
- Publication Date:
- 01-2012
- Content Type:
- Special Report
- Institution:
- Centre d'Etudes et de Recherches Internationales
- Abstract:
- Latin America's national oil companies, created at various times during the twentieth century, have each evolved in a different way. The two main companies – Petroleos de Mexico (Pemex) and Petroleos de Venezuela (PDVSA) – provide excellent illustrations of the rich diversity of organizational and industrial development. Many factors – such as the importance of earth quakes – explain the diversity. Nevertheless, the role of governments during the period of nationalizations is key. It was then that the relationships between the owners of natural resources, public operators, regulators, the finance ministries, and international operators were defined. This process shaped the companies' institutional structures (path dependency) and set the parameters for future entrepreneurial dynamism. The path by which each of these enterprises developed continues to affect their culture as evidenced by the recent reforms which attempted to restructure Pemex and PDVSA.
- Topic:
- Energy Policy, Oil, Political Economy, and Multinational Corporations
- Political Geography:
- South America, Latin America, Venezuela, and Mexico