AMLO policies may hit Mexico-EU trade and investment

Significance An agreement in principle in 2018, to modernise a 2000 trade deal to deepen trade and investment, is yet to be implemented. At the same time, controversial energy reforms pushed by the Mexican government, which pose commercial risks for EU investors and clash with the bloc’s climate priorities, have been condemned by European firms and officials. Impacts Mexico’s nationalist turn in energy policy will dampen investment from EU firms in oil and gas, as well as renewables. The EU’s push to mobilise green finance for developing economies will prioritise other countries with more favourable policy frameworks. The shift towards dirty energy could make Mexico a target of the EU’s newly announced carbon tax on imports.

Significance In July, it expressed optimism about achieving net-zero emissions by “2060 or sooner”. This will require a phasing out of coal-fired power plants, currently the dominant source of energy in the country. Impacts Jakarta may include its 2060 target explicitly in future updates of its Nationally Determined Contribution to action against climate change. Indonesian oil and gas firms will step up opposition to the government’s plans to introduce a carbon tax. The government will redouble commitment to reforestation efforts.


Subject Mexico-EU free trade deal. Significance Mexican and European negotiators in April reached an agreement in principle to update the Mexico-EU Free Trade Agreement (FTA). EU trade talks have taken on greater urgency for Mexico as it looks to reduce its trade and investment reliance on the United States amid uncertainty over the future of NAFTA. Impacts The new deal positions Europe to reap benefits if NAFTA implodes. The status of Mexico’s energy reforms under the incoming administration could be a flash point for European investors. Structural issues preventing Mexican firms from becoming more productive are the most serious barrier to expanded trade relations.


Subject Electricity demand. Significance Electricity's role in meeting end-use energy demand is expected to rise faster than the pace of overall energy demand over the next 25 years for a range of environmental, technological and developmental reasons. The rise in demand is forecast to be much more rapid in developing than advanced economies. Impacts High levels of investment in the power sector will be sustained. Opportunities around new system requirements and demand sources will prompt innovation, spurring further adaptation of old business models. The growth of electrification will see oil and gas companies extend their reach into the power sector. Off-grid power solutions suggest an alternative model of electricity generation and consumption is evolving in some developing economies.


Subject Sri Lanka's plans to start hydrocarbon production. Significance Sri Lanka is aiming to start hydrocarbon production within four years. It currently relies on imports of oil and coal to meet its energy needs. Impacts A focus on oil and gas exploration will detract from development of renewable energy resources. Limited exploration success would mean long-term dependence on LNG imports. Adoption of a new gas policy may provide some certainty regarding the direction of the country’s energy policy.


Significance He has pledged to revive Alberta's energy sector, build oil and gas pipelines to allow global energy exports and repeal Alberta's carbon tax, among other pro-business promises. Impacts Automation and consolidation will reduce the number of jobs in Canada's energy industries. The GNL Quebec natural gas pipeline will be built with relative ease, aiding the Quebec and Alberta economies. British Columbia's government will push back against the Trans Mountain pipeline extension, likely to be approved by end-May.


Significance Unlike most Western powers, Russia has refused to condemn the February 1 coup in which the Myanmar army ousted the country’s democratically elected civilian government. Russia’s main interest in South-east Asia is selling military hardware. Impacts As Western governments impose more sanctions on Myanmar's military, Russia will seek a larger role in the country’s oil and gas industry. China will be Myanmar’s largest trade and investment partner in the medium term. ASEAN’s inability to convince Myanmar’s coup leaders to reverse course will hurt the organisation’s international credibility.


Author(s):  
Alan Roe ◽  
Samantha Dodd

This chapter synthesizes statistical information evidencing the proposition that extractive industries are of great significance in many low- and middle-income developing economies, and so to their development prospects. It examines the scale of the current dependence of low- and middle-income economies on both types of extractive resources: metals, and oil and gas. The chapter also assesses how country levels of dependence have changed in the past twenty years, showing that there has been a clear upward trend based on exports. The chapter outlines how the upward trend has continued in many countries despite the recent commodity price collapse, and assesses some of the consequences of that collapse.


2019 ◽  
Vol 24 (3) ◽  
pp. 294-308
Author(s):  
Michael Adesi ◽  
De-Graft Owusu-Manu ◽  
Frank Boateng

Purpose Notwithstanding that numerous studies have focused on strategy in quantity surveying (QS) professional service firms, there is a paucity of investigation on the segmentation of QS professional services. The purpose of this study is to investigate the segmentation of QS services for diversification and a focus strategy formation. Design/methodology/approach This study adopts the positivist stance and quantitative approach in which a simple random sampling technique was used to select participants. In total, 110 survey questionnaires were administered to registered professional QS, out of which 79 completed questionnaires were returned for analysis. Findings The paper identifies three main QS service segments characterised by low, moderate and high competition. In addition, this study found that the concentration of traditional QS services in the building construction sector is due to the unwillingness of QS professional service firms to diversify into the non-construction sectors such as oil and gas. The diversification of QS services in the low competitive segment requires the adoption of agile approaches. Research limitations/implications The study was limited to numeric analyses and so would be complemented by qualitative research in the future. Practical implications This paper is useful to QS professional service firms interested in diversifying their services into the non-construction sectors to enhance the pricing of their services. Originality/value Segmentation of QS services is fundamental to the formulation of focus strategy for non-construction sectors such as oil and gas and mining to enhance the pricing of QS professional services.


2019 ◽  
Vol 11 (1) ◽  
pp. 107-128
Author(s):  
S. Sepehr Ghazinoory ◽  
Shiva Tatina ◽  
Mehdi Goodarzi

Purpose Innovation and technology development policy-making naturally encounters numerous uncertainties and complexities, especially in developing countries, for the sake of the prevailing prospect of decision makers focusing on hard evidences, and neglecting key and effective social ones; in this research, a context-based method by means of Q-methodology was designed to facilitate policy-making for complex systems by bridging between policy and practices (latent in viewpoints) through providing context-based evidences. Design/methodology/approach Due to the nature of knowledge-based systems, the performance of Innovation and Technology Development (ITD) systems is highly dependent on the standpoints of key players/stakeholders of the system. In consideration of Iran’s economy characteristics, Upstream Oil and Gas (UOG) Industry, which is one of the complex Large Technical Systems (LTS), was selected as a case study. Regarding the features of LTSs, the designed model was completed by adding hierarchical clustering method, as well as using the framework of innovation and technology learning transition model to analyze the results. Findings The results showed the capability of the model in providing credible evidences to inform policy-making processes. Originality/value This study is one of the first real experiences which used Q-method for providing evidence-based policy-making model in a complex Large Technical System, namely, Upstream Oil and Gas (UOG) Industry.


2019 ◽  
Vol 31 (3) ◽  
pp. 670-690 ◽  
Author(s):  
Muhammad Kashif Javed ◽  
Ma Degong ◽  
Talat Qadeer

Purpose Most business-related studies on ethics focus on consumers in developed western economies but ignore developing economies. Therefore, to fill this void in the literature and address the concerns of prior studies, the purpose of this paper is to examine the ethical perceptions of Chinese consumers as an example of effective and efficient management of company/brand strategies in an economy experiencing rapid socioeconomic growth. Design/methodology/approach This study examines 328 Chinese consumers’ purchase intentions based on their ethical perceptions toward Apple and P&G through mediating (i.e. consumer–corporate identification (CCI) and brand trust) and moderating (i.e. consumer gender, age, education and residence) effects. Structural equation modeling is used to analyze the constructs and overall model. Findings The ethical perceptions of consumers translate into purchase intentions, both at the corporate and product brand levels. Similarly, a significant direct relationship between CCI and brand trust reveals that corporate-level ethical identification is a trivial matter to customers, although these perceptions do apply to product brands under a corporate umbrella. Furthermore, to identify target groups of Chinese consumers who are receptive to ethical appeals, moderating variables were found to be useful. Originality/value The results confirm that the mediating role of CCI is more influential in the context of Chinese consumers’ ethical perceptions, followed by brand trust. In relation to demographics, ethical perceptions affect CCI and brand trust more positively in females and highly educated consumers in China. Similarly, the relationship between consumers’ ethical perception and their trust in brand is revealed more influential in urban residents than they do in rural. This broadens the applications and contexts of this research model. The results provide managerial guidance on enhancing potential ethical perceptions.


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