Category Archives: economy

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 | Leave a comment

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 | Leave a comment

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

Posted in corruption, crime, economic development, economy, energy, fdi, Iguala, normalistas, oil and gas, organized crime, Pact for Mexico, procurement, reform, rule of law, tender, transparency | Leave a comment

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 | 1 Comment

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

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