Grace Fan

Director, Brazil/Latin America Research

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Mexico: Energy reform pushes ahead, despite political jitters

Overview

As Mexico nervously eyes the unpredictable Trump administration, the government continues to press ahead with its landmark energy reform in the countdown to the 2018 presidential race. Following our recent meetings in Mexico City, we conclude that while ongoing uncertainty is likely to impede stronger investment, it will be difficult for the next government to reverse the reform altogether. But underlying structural problems, with fiscal ramifications, will plague the next...

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