ASSESSMENTS
Mexico: Energy Reforms Could Prove Effective
Aug 16, 2013 | 10:20 GMT
(Ronaldo Schemidt/AFP/Getty Images)
Summary
Many observers have prematurely dismissed recently proposed reforms to Mexico's energy sector as insufficient. While much will depend on secondary legislation, the reforms may well enable Mexico to achieve two seemingly mutually exclusive goals: retaining symbolic ownership over its oil and giving foreign firms incentives to expand investment.
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