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Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The report looks at energy policies in Mexico (both a major energy producer, and consumer) within its economic context, how the energy sector is managed, and how it performs, and at the implications for economic growth and public finances, and by extension, for broader social policies which depend heavily on federal funding. The energy sector finds itself in a vicious circle - reduced budget and borrowing capacity are leading to insufficient sector investment - resulting in declines in future production, hence government revenue. Breaking this vicious circle is a major challenge, given that attracting finance for energy sector investment on a major scale, without government support, lies at the heart of the problem. The report reviews the choices to increase efficiency, and electricity subsidies, as well as those for efficiently expanding oil and gas output. Three key areas for reform are discussed: a) achieving permanent gains in operational efficiency of the power and hydrocarbons sectors, to lower costs and improve service quality; b) restructuring electricity subsidies, targeting the poorest households; and, c) opening the hydrocarbons sectors to new players, attracting funds and skills, needed to undertake exploration, and development of the country's oil and gas resources. A policy simulation outlines the potential dynamic, general equilibrium model, assessing the economic impact of alternative energy policies. The analysis indicates that whereby an overoptimistic picture of the economic performance results from weak employment and wage estimates, conversely, the importance of increasing oil production will be undervalued, if the wage constraint is ignored, since this may be the single most important variable for ensuring that the real wage constraint does not bite.
Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
The report looks at energy policies in Mexico (both a major energy producer, and consumer) within its economic context, how the energy sector is managed, and how it performs, and at the implications for economic growth and public finances, and by extension, for broader social policies which depend heavily on federal funding. The energy sector finds itself in a vicious circle - reduced budget and borrowing capacity are leading to insufficient sector investment - resulting in declines in future production, hence government revenue. Breaking this vicious circle is a major challenge, given that attracting finance for energy sector investment on a major scale, without government support, lies at the heart of the problem. The report reviews the choices to increase efficiency, and electricity subsidies, as well as those for efficiently expanding oil and gas output. Three key areas for reform are discussed: a) achieving permanent gains in operational efficiency of the power and hydrocarbons sectors, to lower costs and improve service quality; b) restructuring electricity subsidies, targeting the poorest households; and, c) opening the hydrocarbons sectors to new players, attracting funds and skills, needed to undertake exploration, and development of the country's oil and gas resources. A policy simulation outlines the potential dynamic, general equilibrium model, assessing the economic impact of alternative energy policies. The analysis indicates that whereby an overoptimistic picture of the economic performance results from weak employment and wage estimates, conversely, the importance of increasing oil production will be undervalued, if the wage constraint is ignored, since this may be the single most important variable for ensuring that the real wage constraint does not bite.
Author: Maria Eugenia Ibarrarán
Publisher: Springer Science & Business Media
ISBN: 1402047711
Category : Science
Languages : en
Pages : 241
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Book Description
The book focuses on the impact of energy policies on fossil fuel use, environmental quality, and economic growth in Mexico for the next 20 years. It examines the Mexican energy sector and its link to international trade, government revenues, economic welfare and environmental pollution. It also develops a Computable General Equilibrium model of the Mexican economy, paying attention to the energy sector and its links with other aspects of the aggregate economy.
Author:
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
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Book Description
Author: John R. Moroney
Publisher: Texas A&M University Press
ISBN: 160344324X
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
John R. Moroney and Flory Dieck-Assad cogently assess Mexico's goals of sustainability and the major policy changes that will be required to achieve them.
Author: Miguel S. Wionczek
Publisher: Routledge
ISBN: 0429716524
Category : Political Science
Languages : en
Pages : 157
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Book Description
Beginning from the premise that Mexico's economic strength will depend largely on its ability to produce, manage, and export energy, energy experts in this book analyze energy planning in Mexico in the 1970s and possible strategies for the future. They focus on the potential for diversifying the country's energy economy--now based almost exclusively on oil--by examining alternative sources, particularly natural gas, coal, and geothermal and solar resources. The extent to which Mexico's energy base is diversified, they assert, will determine the country's ability both to meet internal energy needs and to prolong its export of oil and gas. find, diversification will not only increase Mexico's economic strength, but will also expand the global supply of energy resources and have profound impact on the United States, Mexico's major trading partner.
Author: Fen Osler Hampson
Publisher: Bloomsbury Publishing
ISBN: 1472514742
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
How do governments make key decisions on vital economic questions of national importance? Can they advance the national interest on issues that are highly politicized? How do they respond to competing pressures from the international and domestic environments? Forming Economic Policy explores these and other questions in Canada and Mexico, two very different countries which share a common vulnerability to the world economy. Using the case of energy, the book argues that policymakers will address the national interest, but only episodically with the onset of major national crises that invoke a higher and sustained sense of national priorities. These crises are frequently induced by the interaction of domestic and foreign political and economic forces. The conclusions are surprising. Despite profound political and economic differences between these two countries, policymakers have behaved in remarkably similar ways when arriving at key policy decisions. The explanation – which integrates two competing views of politics, the pluralist and the statist – has important implications with regard to the political processes in those states which, like Canada and Mexico, are exposed to the world economy and face problems of political legitimacy at home. Forming Economic Policy will appeal to students and teachers of political economy and comparative politics as well as to those interested in the politics of energy policy.
Author: Francisco J. Lozano
Publisher: Springer Nature
ISBN: 3030756610
Category : Technology & Engineering
Languages : en
Pages : 307
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Book Description
Without energy, there is no well-functioning economy, besides facing social risks. This book provides a systemic approach to energy in Mexico and its relations to the USA arising from the energy reform of the former. It covers the transition from fossil fuels to a low-carbon economy, relying heavily on renewable sources and mitigating climate change risks. Several human knowledge disciplines and topics are covered in the book, including public policy, economics, transboundary issues, electricity and thermal energy, residual biomass use, distributed energy systems and its management, and decision-making tools. An analysis is considered regarding energy issues interaction in the Mexican-USA border, which differ in both countries from pricing and policy, and the work and research that has been developed for transboundary energy trade.
Author: Maria Eugenia Ibarrarán
Publisher: Springer
ISBN: 9781402047701
Category : Science
Languages : en
Pages : 0
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Book Description
The book focuses on the impact of energy policies on fossil fuel use, environmental quality, and economic growth in Mexico for the next 20 years. It examines the Mexican energy sector and its link to international trade, government revenues, economic welfare and environmental pollution. It also develops a Computable General Equilibrium model of the Mexican economy, paying attention to the energy sector and its links with other aspects of the aggregate economy.
Author: Oscar Guzmán
Publisher: Routledge
ISBN: 0429709498
Category : Political Science
Languages : en
Pages : 258
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Book Description
In comparing the degree of efficiency in energy production and the uses to which energy resources are allocated in Mexico with those in other countries, this book addresses three basic questions: What are the major reasons for differences in energy efficiency between industrial economies and a newly industrializing country like Mexico? To what extent is energy conservation possible in the Mexican economy? And what are the social and economic benefits of more efficient use and conservation of energy in comparison with their costs? Using the history and operations of two state-owned energy agencies, PEMEX and the Federal Electricity Comission, as case studies, the authors explore the patterns of energy use in all major sectors of the economy and discuss the prospects for energy-saving policies between the mid-1980s and the end of the century.
Author: Germán Vergara
Publisher: Cambridge University Press
ISBN: 1108918077
Category : Nature
Languages : en
Pages : 335
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Book Description
Around the 1830s, parts of Mexico began industrializing using water and wood. By the 1880s, this model faced a growing energy and ecological bottleneck. By the 1950s, fossil fuels powered most of Mexico's economy and society. Looking to the north and across the Atlantic, late nineteenth-century officials and elites concluded that fossil fuels would solve Mexico's energy problem and Mexican industry began introducing coal. But limited domestic deposits and high costs meant that coal never became king in Mexico. Oil instead became the favored fuel for manufacture, transport, and electricity generation. This shift, however, created a paradox of perennial scarcity amidst energy abundance: every new influx of fossil energy led to increased demand. Germán Vergara shows how the decision to power the country's economy with fossil fuels locked Mexico in a cycle of endless, fossil-fueled growth - with serious environmental and social consequences.
