Download or read book Oil Money And The Mexican Economy written by Francisco Carrada-Bravo and published by Routledge. This book was released on 2021-11-28 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the mid-1970s unemployment, inflation and monetary disturbances were dominant forces in the Mexican economy. Beginning in late 1977, however the situation drastically changed. The discovery of enormous oil fields, combined with a structural and social factors, vastly improved the nation's prospects and in terms of business cycles, its economy moved from trough to peak. In assessing these changes, Dr Carrada constructs a macro-econometric model- based on the monetary approach to the balance of payments- to deal in the short-run with structural features of Mexico's economy. He then applied his model to a variety of scenarios in order to explore the short-term dynamic impact of oil revenues on real incomes, prices, inflation, money, supply and balance of payments. Incorporating theoretical and empirical evidence of hoe expectations affect levels of economic activity and inflation, Dr Carrada's model is applicable also to the conditions of other oil-rich developing countries
Download or read book Oil and the Mexican Economy written by Thomas Griffin Sanders and published by . This book was released on 1982 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mexico s Oil written by Mexico and published by . This book was released on 1940 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Petroleum And Mexico s Future written by Pamela S Falk and published by Routledge. This book was released on 2019-05-28 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the effects of the 1982 crisis, through the late 1980s, on Mexico's economic and political systems and assessing the country's potential for entering a period of strong economic growth, contributors to this volume focus on oil, the primary source of Mexico's foreign exchange earnings, and on trade with the United States, the primary mean
Download or read book Mexico the Promise and Problems of Petroleum written by Elizabeth Moler and published by . This book was released on 1979 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil and Mexican Foreign Policy written by George Grayson and published by University of Pittsburgh Pre. This book was released on 1988-05-15 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discovery of enormous oil reserves in the early 1970s revolutionized Mexico's economy and political behavior, bringing soaring revenues and industrial development. The oil glut of 1981 and wild fluctuations in world prices, pushed the country to the brink of bankruptcy. George W. Grayson describes how the roller-coaster economic ride, shrill nationalism, political assertiveness, and arrogant posturing of the 1970s have given way to greater professionalism, fiscal responsibility, and a cooperative attitude towards the United States in recent times.
Download or read book The Political Economy of Mexican Oil written by Laura Randall and published by Praeger. This book was released on 1989-12-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work follows upon the author's previous volume, The Political Economy of Venezuelan Oil, and investigates the general workings of the Mexican oil industry in relationship to the economics and politics of Mexico. Specifically the author examines Mexico's state-run oil concern, PEMEX, and the costs and benefits of Mexican oil policy--for the nation as a whole and for special groups. Using in-depth interviews and extensive data from PEMEX and other sources, Randall explores issues such as PEMEX's relationships with workers and the oil union, with suppliers of capital goods and services, with the regions in which oil is produced, and with specific groups of oil consumers. Given the critical and negative publicity PEMEX has received over its lifetime, Randall also seeks to answer questions regarding the extent of corruption, overstaffing, and lax management within PEMEX, which she finds to be less than is often alleged. Students of energy and development economics will find Randall's study an important contribution to the literature of Latin American economic policy. In addition to examining the internal workings of PEMEX, Randall describes and analyzes measures taken to correct earlier abuses and to increase efficiency. She reveals the intricate relationships among Mexican oil production, OPEC, the United States, and other nations, and explores the contradictory aspects of Mexican economic and oil policies that inhibit the ability of the oil industry to reach official goals. Throughout, Randall traces the transformation of PEMEX from a nationalized industry that mainly produced crude oil for export to one that has expanded to include refined products and petrochemicals. As a result of this expansion, Randall demonstrates, PEMEX has had a major impact both on the market for labor and capital goods and on the regions in which it operates. Her conclusions regarding the current and future prospects for PEMEX have important implications for the study of economic and energy development throughout the Third World.
Download or read book Mexico s Oil written by Manuel R. Millor and published by Routledge. This book was released on 2019-03-04 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the effects of Mexico's newly flourishing petroleum industry, Dr. Millor first traces the evolution of Mexico's oil development and provides a detailed assessment of its socioeconomic, political, and ecological consequences and of the Mexican government's current energy policies. In his subsequent examination of U.S.-Mexican relations, he emphasizes that, aside from the issues directly related to Mexico's petroleum, a complex assortment of concerns remain unresolved between the two nations—illegal immigration, drug traffic, terms of technical and scientific cooperation, restrictions on Mexican exports in the U.S. market, and the more assertive foreign policy stance recently taken by Mexico. Dr. Millor argues that, far from representing a clear case of positive growth for Mexico, petroleum could bring about distorted development and increased dependency, as well as a difficult period of relations with the U.S. If a stable association between the two governments is to emerge, he concludes, U.S. policymakers must understand the changes taking place in Mexico and accept its emergence as a middle power with autonomous goals. Representing both the Mexican and the U.S. point of view, this study contributes much to a better understanding of the significance of oil for Mexican development and to a balanced assessment of present and future U.S.-Mexican relations.
Download or read book Oil Prices and the Real Business Cycle written by Guillermo José Aboumrad and published by . This book was released on 1993 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Natural Resource Taxation in Mexico Some Considerations written by Ms. Alpa Shah and published by International Monetary Fund. This book was released on 2021-10-18 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico has large extractive industries and it traditionally has raised sizable fiscal revenues from the oil and gas sector. A confluence of factors—elevated commodity prices, financial challenges of the state-owned oil company Pemex, and revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico’s taxation regimes for natural resources would be opportune, against the backdrop of a comprehensive approach to tackling Mexico’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and future reform considerations, with attention to the attractiveness of investment on commercial terms—an issue that should be placed in the context of an overall reform of Pemex’s business strategy and possibly of the energy sector more generally.
Download or read book Impacts of Mexican Oil Policy on Economic and Political Development written by Jesús Agustín Velasco and published by Free Press. This book was released on 1983 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay on economic and social development strategy, economic relations and economic policy of Mexico, in context its status as a petroleum exporting country - covers economic conditions, the petroleum industry, energy policy, political aspects, and trade relations with the USA; stresses the need for rural development in particular. Bibliography, flow chart and organigrams.
Download or read book The impact of oil rents on the Mexican economy written by and published by . This book was released on 2008 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Management of Oil Windfalls in Mexico written by Stephen Everhart and published by . This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy options for protecting Mexico's economy from volatility in oil revenues without eliminating the benefits from rising prices include a stablilization fund and hedging strategies on international markets. A stabilization fund and hedging strategies can complement each other, the fund working as the main recipient of revenues, and the hedging strategies managing short-lived movements in prices. This joint strategy would reduce the size of the fund and the probability of its going bankrupt.
Download or read book Mexican Oil Its History Development and Future written by and published by . This book was released on 1990 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil has been an important resource in the modernization of Mexico. Most of Mexican economic development since petroleum nationalization has been based on this strategic source of energy by means of exploitation and exportation. Postrevolutionary governments have relied primarily on petroleum to accomplish the political, social and economic aims set forth in the Constitution of 1917. Oil revenues have allowed Mexican governments to pursue domestic political, social and economic goals and also ambitious foreign political and economic policies. This paper begins by describing the history of Mexican oil, focusing mainly on analyzing problems, goals achieved, development and oil policies since the oil nationalization in 1938 by General Lazaro Cardenas. Facts and policies related to the boom and crisis of the 1970's, 1980's are also analyzed as are efforts made in the 1980's, 1990's to save the country from the economic crisis. Current oil policies are reviewed and conclusions given.
Download or read book How Has Nafta Affected the Mexican Economy Review and Evidence written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2004-04-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.
Download or read book Mexico s Oil and Gas Policy written by Library of Congress. Congressional Research Service and published by . This book was released on 1979 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
