Throughout the 20th century Mexico made steady progress in its efforts to establish and develop a robust fiscal regime. In 1925 Mario Pani, then-minister of finance, introduced a preliminary series of reforms to the system, and subsequently implemented a second set in 1932. The next major change came in the 1970s and 1980s, when a new tax...
Water is a key resource in Mexico, which makes its legal management something of a national security interest. Article 27 of the constitution establishes the country’s water ownership regime and sets out a number of legal aspects.
The macroeconomic uncertainty facing Mexico in 2018 creates challenges for the country’s labour market. With both external and internal challenges, it is more important than ever for the country to pass legislation to help its labour market grow and mature so that it can provide a wider variety of jobs with respectable salaries. Since the...
Driven by an ongoing process of economic opening since the 1990s, Mexico has established a solid macroeconomic base. Structural reforms have improved the country’s trade flows, helped to soften the impact of a gradual slowdown in hydrocarbons production and exports, and enabled manufacturing-led economic diversification and regional integration.
The current administration is focusing its energy on instituting economic reform, overcoming roadblocks to investment in the Philippines and liberalising industries for foreign investors. The developments listed here reflect this overarching theme as the Philippines gears itself for a year of change in its legal and economic landscape.
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