Petroleum and Mexico's Future
These papers by four Americans and three Mexicans go far beyond oil, which is just as well since, as René Villereal points out, although Mexico is the fourth-largest petroleum producer in the world, hydrocarbons represent only ten percent of its total national product. The political effects of Mexico's economic troubles and the future of trade with the United States are well treated by experts.
Related
Survey of US economic problems, from budget deficits to the need for political and economic stability in Mexico.
There is a distinct rumble. Is it the noise of an impending second crisis of Latin American and other developing country debtors, or is it the start-up of world economic recovery, which will gradually pull lenders and borrowers alike away from the edge of a financial abyss?
U.S. and Mexican policymakers are rushing to resolve long-standing immigration problems. Guest worker programs are on the table, but the negotiators show a troublesome myopia about the programs' implications. The supposed economic benefits of such programs may prove illusory, and the "guests" may in fact come to stay.

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