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Economía UNAM

versión impresa ISSN 1665-952X


GUTIERREZ RODRIGUEZ, Roberto. Structural reforms in Mexico during the administration of Felipe Calderon: the energy one. Economía UNAM [online]. 2014, vol.11, n.32, pp.32-58. ISSN 1665-952X.

The lack of implementation of the energy reform approved by the Mexican Congress in November 2008 exemplifies well the achievements of the Calderon administration as for structural reforms is concerned: a number of bureaucratic administrative actions were implemented proving unable to allow the oil industry to reverse the decline that began after the Cantarell field reached its peak production in late 2004. On the face of this emergency, the government kept very high levels of crude oil exports and did not implement the mandate of the energy reform: reduction of imports of refined products and natural gas, edification of the Bicentenario refinery, development of the Aceite Terciario del Golfo project, transformation of resources from the so-called deep sea to the range of proved reserves, financial and management autonomy for Pemex, issue of Citizens Bonds, busting of technological capabilities, and support to the develop of renewable energy resources. The obvious consequence is the erosion of sectoral structural reforms, making it progressively more difficult their debate and future implementation.

Palabras llave : Public Economics; Hydrocarbon fuels; Energy (Demand and Supply).

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