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Mexico has large extractive industries and it traditionally has raised sizable fiscal revenues from the oil and gas sector. A confluence of factors—elevated commodity prices, financial challenges of the state-owned oil company Pemex, and revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico’s taxation regimes for natural resources would be opportune, against the backdrop of a comprehensive approach to tackling Mexico’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and future reform considerations, with attention to the attractiveness of investment on commercial terms—an issue that should be placed in the context of an overall reform of Pemex’s business strategy and possibly of the energy sector more generally.
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1993.
An early 20th century American journalist's articles on Mexico before the Revolution.
The edited volume presents the progress of first and second generation biofuel production technology in selected countries. Possibility of producing alternative fuels containing biocomponents and selected research methods of biofuels exploitation characteristics (also aviation fuels) was characterized. The book shows also some aspects of the environmental impact of the production and biofuels using, and describes perspectives of biofuel production technology development. It provides the review of biorefinery processes with a particular focus on pretreatment methods of selected primary and secondary raw materials. The discussion includes also a possibility of sustainable development of presented advanced biorefinery processes.
'Try this tequila oil, Hugito. Just as the alcohol hits your stomach, the chilli will as well and blow it back into your brain. It will take your head off.' Explorer Hugh Thomson takes on Mexico. It's 1979, Hugh Thomson is eighteen, far from home, with time to kill - and on his way to Mexico. When a stranger tells him there's money to be made by driving a car over the US border to sell on the black market in Central America, Hugh decides to give it a go. Throwing himself on the mercy of Mexicans he meets or crashes into, Hugh and his Oldsmobile 98 journey through the region, meeting their fate in the slums of Belize City. Thirty years on, Hugh returns - older but not necessarily wiser - to complete his journey.