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Books > Social sciences > Politics & government > Central government > Central government policies
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The Political Economy of Mexican Oil (Hardcover)
Loot Price: R2,704
Discovery Miles 27 040
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The Political Economy of Mexican Oil (Hardcover)
Expected to ship within 10 - 15 working days
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This work follows upon the author's previous volume, The Political
Economy of Venezuelan Oil, and investigates the general workings of
the Mexican oil industry in relationship to the economics and
politics of Mexico. Specifically the author examines Mexico's
state-run oil concern, PEMEX, and the costs and benefits of Mexican
oil policy--for the nation as a whole and for special groups. Using
in-depth interviews and extensive data from PEMEX and other
sources, Randall explores issues such as PEMEX's relationships with
workers and the oil union, with suppliers of capital goods and
services, with the regions in which oil is produced, and with
specific groups of oil consumers. Given the critical and negative
publicity PEMEX has received over its lifetime, Randall also seeks
to answer questions regarding the extent of corruption,
overstaffing, and lax management within PEMEX, which she finds to
be less than is often alleged. Students of energy and development
economics will find Randall's study an important contribution to
the literature of Latin American economic policy. In addition to
examining the internal workings of PEMEX, Randall describes and
analyzes measures taken to correct earlier abuses and to increase
efficiency. She reveals the intricate relationships among Mexican
oil production, OPEC, the United States, and other nations, and
explores the contradictory aspects of Mexican economic and oil
policies that inhibit the ability of the oil industry to reach
official goals. Throughout, Randall traces the transformation of
PEMEX from a nationalized industry that mainly produced crude oil
for export to one that has expanded to include refined products and
petrochemicals. As a result of this expansion, Randall
demonstrates, PEMEX has had a major impact both on the market for
labor and capital goods and on the regions in which it operates.
Her conclusions regarding the current and future prospects for
PEMEX have important implications for the study of economic and
energy development throughout the Third World.
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