Research Library

Energy regulation under Mexico's energy-sector reforms are of great interest to investors, since autonomous regulators—protected from political pressures and able to make and sustain technical decisions—can guarantee greater legal consistency than government authorities exposed to political pressures. The difficulty was finding an alternative model that ensured the institutional strengthening of the agencies without relinquishing too much control of the executive branch.

Narendra Modi was sworn in as India’s new prime minister on Monday, a little over a week after a landslide victory at the polls. The resounding win gives Modi much greater freedom to implement his agenda than any Indian leader in recent years, says international economics fellow Russell Green. What will Modi’s India look like, and how will it affect the U.S.? Green, who spent four years in India as the U.S. Treasury Department’s first financial attaché to that country, explains.

European finance ministers have agreed to the final pieces that will create a banking union and a fund that can be used to rescue failing EU member banks — a big step forward for European financial stability. International economics fellow Russell Green explains in the Baker Institute Blog.

Mexico’s 2013–2014 energy reform promises to bring the country’s economic drivers and regulatory institutions in line with the global practices of free market democracies. If successful, this development would be a 180-degree turn. The accomplishment of such realignment is hardly assured, however.

The past few months have seen extraordinary progress in financial sector reforms in India. Why now, near the end of the current government’s term?

A proposed inflation targeting (IT) approach to monetary policy has generated vigorous debate in India, where inflation has not dropped much below 10 percent for the past eight years.

A policy report by Aynne Kokas, Baker Institute fellow in Chinese media, that recommends steps to further open media markets in China.

This paper focuses on the intrajurisdictional capitalization effects that underlie what is arguably the most plausible derivation of the benefit tax view of the property tax.

With Comptroller Susan Combs’ announcement that she will not run for re-election in 2014, the Texas Republican Party faces the undesirable prospect of an all male slate candidates for statewide executive offices. Political science fellow Mark P. Jones discusses prospective female candidates and what an all male slate could mean for the Texas GOP.

The election of Argentine Cardinal Jorge Bergoglio as pope underscores the growing importance of Latin America for the Roman Catholic Church. Mark P. Jones, the Joseph D. Jamail Chair in Latin American Studies, discusses the significance of Pope Francis' election for the church's future.