Category Archives: economy

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

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

EPN Announces Tax Reform

On September 9, Mexican President Enrique Peña Nieto (“EPN”) released his proposed tax reform, which is aimed at fulfilling promises 69-73 of the Pacto por Mexico. Those promises are: 69: increase efficiency of tax collection 70: strengthening of federalism 71: … Continue reading

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Inside the Mexican Government’s Pact for Mexico

Following the election of President Enrique Peña Nieto in July 2012, Mexico’s three major political parties began holding joint discussions on the trajectory of reforms that Peña planned to undertake during his administration. The final product of the three-party meetings … Continue reading

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Corruption Costs Mexicans USD 165 per Person

The Superior Audit Office of Mexico revealed that corruption in Mexico costs USD 165 annually per person.* It stressed that in 2010 corruption cost Mexican households around USD 58 more than in 2003, representing 14% of family income. “The assessments … Continue reading

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