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Begin New Search Publishing Institution American Enterprise Institute for Public Policy Research Author Felipe Trigos

1. 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

2. 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

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