What changes are needed for a meaningful reform in public oversight and corporate governance?

On May 18, 2013, “Mexico Grows at Slowest Pace in Three Years” was the title of a story in the Wall Street Journal. The Pact for Mexico “has already led to passage of sweeping education and telecommunications overhauls, increasing hopes that an oil-sector reform planned for the second half of the year will be equally ambitious.” Few doubt that an oil‐sector reform is coming, but many doubt that it will introduce market drivers.

In earlier reports (Market Notes 154, 165, 166 and 167) we have sought to set forth—in Houston English—what a market-oriented reform might look like; that is, a reform that would lead to increased production and investment based on competition and the expectation of market rewards in an orderly, well-regulated operating environment.

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Mexico Energy Intelligence

Baker & Associates offers niche-market business and policy intelligence related to Mexico's oil and gas, power and chemical industries. Over 1,000 reports have been issued in the last 20 years. Subject matter expert and publisher George Baker, who directs the firm, has carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. He brings bilingual and bicultural skill-sets to understanding and responding to challenges of business and public policy, coupled with a deep familiarity with the history and idiosyncrasies of the Mexican operating environment.

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