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Titre : Energy and Sustainable Development in Mexico...
Éditeur : Texas A M University Press, United States
Date d'édition : 2005
Reliure : Hardback
Etat du livre : New
A propos de ce titre
The future of the oil and gas industry in our neighbor and NAFTA partner, Mexico, affects both U.S. and world markets and, more importantly, the country’s own economic development.
Fossil fuels—oil, natural gas, and coal—account for 92 percent of all energy consumed in Mexico. This creates two fundamental dilemmas for the country. How can it increase energy consumption at the same time it cleans up the air and water, and how can it sustain growth that is based on a nonrenewable resource?
Oil and natural gas are produced exclusively by Petroleos Mexicanos (PEMEX), a government monopoly. For that reason, economists John Moroney and Flory Dieck-Assad center their important study of the Mexican oil and gas industry on the recent history of that company and its complex relationship with the Mexican Secretary of Energy, the Secretary of Finance, and Congress. The result is the first detailed account of PEMEX’s fiscal situation during the twenty-year period from 1979 to 2000, a period of declining oil and gas reserves. Energy and Sustainable Development in Mexico provides a vertically integrated model of exploration for oil and gas and development of reserves, the geophysical basis of production.
The authors cogently assess Mexico’s goals of sustainability and the major policy changes that will be required to achieve them. Although their analysis of Mexico’s energy sector is based on rigorous econometric models, the book will be of keen interest and easy access to readers concerned with Mexican economic development and its prospects for the future.
About the Author:
John R. Moroney, who was a professor of economics at Texas A&M University, received his Ph.D. from Duke University. He was the author or editor of a dozen books and many scholarly articles. Flory Dieck-Assad is a professor of finance and accounting at the Instituto Tecnológico y de Estudios Superiores de Monterrey in Monterrey, Mexico. She holds a Ph.D. from Tulane University and is author of the textbook used in courses on financial institutions in universities throughout Mexico.
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