Author Archives: Jesse Heath

What’s Wrong with Mexico – Foreign Investment

In a previous post, I discussed how informality may or may not weigh on Mexico’s economic performance. Here, I will look at foreign investment, with a particular focus on foreign direct investment (FDI). The issue of foreign investment is a … Continue reading

Posted in economic development, economy, fdi, investment, labor, oil and gas, reform | 1 Comment

Anticorruption Update – Wither the Commission?

In a previous anticorruption update, I addressed the stalled reform involving the National Anticorruption Commission, and how the creation of a Special Prosecutor for Corruption Crimes further hindered the Commission’s creation. It seems things have gotten worse for the hypothetical Commission … Continue reading

Posted in corruption, legislation, Pact for Mexico, politics, reform | 1 Comment

Pacto por Mexico – Energy Reform Passed

Last week, Pres. Pena signed into law the secondary legislation implementing the Energy Reform under the Pacto por Mexico. The final contours of the law did not differ significantly from the changes made by the Senate, discussed here. This is … Continue reading

Posted in economy, energy, legislation, oil and gas, Pact for Mexico, reform, Uncategorized | Leave a comment

Anticorruption Update – Stalled Reform, Policing PEMEX/CFE

Forgotten Reform As discussed in previous posts, corruption in Mexico is a serious issue, costing the country up to around 9 percent of GDP. Thus, it’s not surprising that corruption has made its way onto the reform agenda of the Pacto por Mexico. … Continue reading

Posted in corruption, economy, energy, legislation, oil and gas, Pact for Mexico, pemex, politics, reform | 2 Comments

What’s Wrong with Mexico’s Economy – Informality

Journalists are running out of adjectives to describe Mexico’s recent economic performance: disappointing, slow, lackluster, stalled, etc. But they are not running out of people to cheerily forecast that improvement is right around the corner. This is the narrative pivot … Continue reading

Posted in corruption, economy, informality, legislation, Pact for Mexico, reform, rule of law, Uncategorized | 4 Comments

Pacto por Mexico – Energy Reform Update

It has taken a bit longer than expected for the secondary legislation of the Energy Reform to make it through the Congress. On Wednesday, the Senate published the changes made to the secondary legislation in committee, all of which can … Continue reading

Posted in economy, energy, legislation, oil and gas, Pact for Mexico, pemex, reform | 1 Comment

Pacto por Mexico – Telecom Reform Passed

On Monday, July 14, President Enrique Peña Nieto (EPN) signed the much-delayed telecom reform into law (full text of the reform here, in Spanish). EPN’s administration is fond of using infographics to communicate, and the telecom reform was no exception. … Continue reading

Posted in Uncategorized | 1 Comment

Energy Reform Update

As discussed in the last post, Pres. Peña (EPN) introduced draft implementing legislation for the Energy Reform at the end of April. Below is a brief update on the legislature’s review of the implementing legislation. On June 4, the working sessions … Continue reading

Posted in energy, legislation, oil and gas, Pact for Mexico, pemex, reform | Leave a comment

Energy Reform – Secondary Legislation Introduced

On Wednesday, April 30, President Peña (EPN) submitted to the Chamber of Deputies draft secondary legislation package implementing the far-reaching energy reform proposed under the Pacto por Mexico. Although the reform was ‘passed’ by the legislature in December of last … Continue reading

Posted in economy, energy, legislation, oil and gas, Pact for Mexico, pemex, reform | 3 Comments

Mexico’s New Anticorruption Initiative – Facelift or Reconstructive Surgery?

In a previous post, we asked how Mexico should approach the urgent need to reduce the level of corruption in the country. Indeed, anticorruption measures are one of the key reform promises of the government’s Pacto por Mexico. Mexico’s problem … Continue reading

Posted in corruption, legislation, Pact for Mexico, reform, Uncategorized | 3 Comments