The Mexican oil boom was characterized by a period of high investment, followed by capital flight. The private sector and households responded to the 1977-1981 windfall by attaining high savings rates. On the other hand, the Mexican government, the proprietor of the state oil company and the...

The objective of this report is to examine the extent to which countries in Latin America and the Caribbean participate in global value chains and what are the drivers of such participation. Production processes have been increasingly fragmented worldwide. For example, the production of the...

During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central...

This paper discusses recent trends in investment in the oil sector, amid new challenges for national and international oil companies in an increasingly supply-constrained environment. After more than a decade of stagnant investment rates, nominal investment has picked up sharply over the three...

This document presents a concept paper, intended to assist the Andean/Amazon Basin countries to develop proposals, in consultation with indigenous organizations, for 1) the financing of consultations with indigenous peoples and 2) the undertaking of a series of environmental, and socio-cultural...

This paper is devoted to examining the scope, outcomes and shortcomings of reforms aimed at introducing competition in the production, transport, distribution and retail segments of the gas industry. The experiences of Argentina, Colombia and Mexico are used as examples. The paper includes the...

This presentation discusses the experience of natural gas infrastructure integration in the Southern Cone of Latin America. Topics include public goods and contracting, natural gas crisis in the region, competing views of broken exchanges, contractual conflicts, and issues and lessons for...

These guidelines set forth an approach for the financing of coal fired thermoelectric generation plants (coal plants), in a manner consistent with the IDB's vision to prioritize the development of renewable energy sources and it's commitment to the protection of the environment, including...

The purpose of this paper is to take a closer look at the process of natural gas market integration in the Southern Cone of South America. More specifically, the paper examines infrastructure and performance of the sector in Argentina, the effects that this sector has had on overall regional...