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Archives
Author Archives: Jesse Heath
Mexico Missing from Presidential Race
I am a serious political junkie, and become absolutely consumed during every U.S. presidential campaign. I spend way too much time reading coverage of both the Democrat and Republican candidates, watching the debates, etc. In this cycle, I am disappointed … Continue reading
What to Make of the TPP’s Anticorruption Chapter?
After years of being developed under conditions of absolute secrecy, the text of the Trans-Pacific Partnership (TPP) trade agreement was released last week. In the U.S., Congress has 90 days to give an up-or-down vote on the measure, which is … Continue reading
Posted in compliance, corruption, crime, economy, fdi, tpp, trade
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SFP Leguleyos Defend the Noble Lie that Mexico Doesn’t Believe Anymore
There is a famous scene in Shrek the Third when the evil Prince attempts to exploit Pinocchio’s inability to lie (undetected) in order to learn Shrek’s whereabouts. But when questioned, Pinocchio engages in some verbal gymnastics to avoid both lying and … Continue reading
Posted in corruption, EPN, narco, Pact for Mexico, PAN, politics, PRI, SFP
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Perfect Storm – Is the Mexican Economy About to Collapse?
Mexico’s underperforming economy has been covered here before. But those posts addressed long-term, structural impediments to Mexico’s ability to develop a modern economy with a higher growth rate. Notably, those posts did not address the most commonly cited ‘structural’ flaws … Continue reading
Posted in economic development, economy, energy, fdi, finance, informality, investment, labor, narco, oil and gas, organized crime, Pact for Mexico
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Anticorruption Update – As Brazil Gets Serious, Mexico Twists in the Wind
Latin America is a region characterized by incredible diversity – in cultures, histories, and economic and political development. Only through oversimplification can the region be seen to move as a group (e.g., Nicaragua vs. Costa Rica vs. Panama or Brazil vs. Colombia … Continue reading
Posted in compliance, corruption, crime
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Round 1 Shallow Water Contracts & Nightmare Compliance Provisions
The Secretary of Energy (SENER) and National Hydrocarbons Commission (CNH) released draft contracts and other information related to the Round 1 bidding on shallow water projects. Round 1 Basics Here is a map of the shallow water locations up for bidding: The Round … Continue reading
Posted in CNH, compliance, corruption, energy, fdi, oil and gas, Pact for Mexico, pemex, procurement, reform, SENER
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As it Turns to 2015, How Can Mexico Put 2014 Behind?
2014 was an unfortunate year for Mexico, despite (initially) glowing praise from international media outlets and a relatively painless process of passing major economic reforms. Ultimately, dark reality triumphed over glittering narrative, and the PR-based presidency of Enrique Peña Nieto (EPN) … Continue reading
Anticorruption Update – Reform Stalls, Scandals Intensify
As of the last update, it seemed like the anticorruption reform – one of the last unfulfilled promises of the Pacto por Mexico – was close to being passed and certainly during the current legislative session. Alas, the reform is still … Continue reading
Posted in corruption, economy, Guerrero, Iguala, investment, legislation, normalistas, Pact for Mexico, reform, rule of law, SFP
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Things Fall Apart – Iguala Interrupts Mexico’s Moment
It only took one month for Mexico to go from model student to failed state. The media is fickle that way. But, the events in Iguala have only highlighted a reality that has persisted in Mexico for several years now … Continue reading
Posted in corruption, crime, Guerrero, Iguala, narco, normalistas, organized crime, rule of law
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Anticorruption Update – PAN Unveils its Initiative, Finish Line in Sight
Previous posts described the latest developments with the Anticorruption Reform in the Chamber of Deputies (the Senate passed a version of the reform in December 2013). Although long-delayed, it appears that the Congress will pass the reform during the current legislative session. … Continue reading
Posted in corruption, economic development, legislation, Pact for Mexico, PAN, politics, PRD, PRI, reform, rule of law, SFP
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