Research Library

If the United States-Mexico-Canada Agreement (USMCA) is approved, this modified and modernized version of NAFTA will govern most economic relationships in North America. David A. Gantz, the Will Clayton Fellow in Trade and International Economics, reviews the USMCA and discusses its positive and negative elements.

The mix of good short-term prospects for oil revenues along with long-term market uncertainties has a clear policy implication for oil-dependent Latin American economies: use the larger short-term revenues to diversify their economies, nonresident fellow José Antonio Ocampo writes in a new issue brief.

The revival of domestic production of urea (i.e., nitrogen fertilizer) in Mexico could become one of the key elements to delivering food sovereignty, one of President-elect Andrés Manuel López Obrador major campaign promises, postdoctoral fellow Adrian Duhalt writes in this issue brief.

Comprehensive, reliable, and publicly available data on China’s domestic oil flows and inventory movements are essentially inaccessible. In this report, the authors propose creating a forum to collect and analyze satellite data to shed more light on the inner workings of China's oil sector.

Emerging scholarship on economic and sustainable development in the Gulf is presented in this report, which is the result of a workshop in London organized by the Baker Institute and Chatham House. The work is part of a two-year project on "Building Pluralistic and Inclusive States Post-Arab Spring" funded by the Carnegie Corporation. 

This brief examines trends in energy demand patterns highlighted by 2018 energy outlooks prepared by the U.S. Energy Information Administration, the International Energy Agency, and BP.

This report analyzes the comparable transactions method for valuing groundwater, which involves examining transactions for groundwater purchases or sales to gather pricing information, and explores how this method can be applied to groundwater valuations in Texas.

As China’s demand for light oil products continues to drive incremental consumption growth, it is becoming apparent that commodities framed as “oil products” are increasingly not actually made from crude oil. Fellow Gabriel Collins explores the possible ramifications of this situation in this issue brief. He writes that oil producers — whether in Riyadh, Moscow or the Permian Basin — should take stock of how China’s growing use of “oil products” that do not actually come from crude oil may translate into effective reductions in demand and prices for the crude oil they produce.

Mexico is gradually laying the foundation for an oil and gas sector where private—along with some state-owned—international companies are taking central stage. However, authorities should not ignore the necessity of developing a domestic oil and gas sector, writes Adrian Duhalt in a post for the Baker Institute blog.

Since the first quarter of 2014, Brazil has been living in crisis mode as the result of a severe economic crisis in conjunction with an investigation into widespread corruption that has penetrated the highest offices in the government. Although the impeachment of Dilma Rousseff in 2016 did offer some hope for recovery, recent events demonstrate that Brazil's troubles are still ongoing. Contributing expert Sergio Fausto analyzes the main factors leading to this crisis and surveys the current economic and political situation.