The Structural Reform of Mexican Energy Industry

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DOI: 10.20542/0131-2227-2015-3-95-104

P. Yakovlev, Institute of Latin America, Russian Academy of Sciences, 21/16, B. Ordynka Str., Moscow, 115035, Russian Federation; Plekhanov Russian University of Economics, 36, Stremyannyi Per., Moscow, 115054, Russian Federation (petrp.yakovlev@yandex.ru).

Acknowledgement. The article has been supported by a grant of the Russian Science Foundation. Project 14-18-02713.  


Abstract. At present, Mexico makes an ambitious attempt to carry out far-reaching structural reforms. Of key importance is the reform in the energy sector which is the foundation of the national economy. The reform course of the Mexican authorities and the matrix of their political actions deserve scrutiny, since their value transcends national boundaries, reflects problems inherent in many developing countries paving the way in shifting sands of global economic relations. Mexico seeks to seamlessly combine the politics of the energy sector reform with pragmatic interests of transnational corporations willing a broader access to Mexico's oil and gas resources. This is one of international aspects of the energy reform in Mexico. Another one is that using reforms Mexican authorities yearn to strengthen Mexico's geopolitical role, confirm its status of a rising power.

Keywords: Mexico, forming of the energy sector, nationalization of foreign companies, economic development, crisis, structural reforms, oil and gas industry, transnational corporations, geopolitical angle


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For citation:
Yakovlev P. The Structural Reform of Mexican Energy Industry. World Eonomy and International Relations, 2015, no. 3, pp. 95-104. https://doi.org/10.20542/0131-2227-2015-3-95-104



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