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Showing posts from September, 2015

Mexico's New Law Financial Discipline of the States and Municipalities (translated into English)

Of the Interior Ministry, with which forwards the initiative of decree Law Financial Discipline of the States and Municipalities is issued, and the Laws of Fiscal Coordination, General Public Debt are amended, and General Accounting governmental

Mexico City, August 17, 2015.

Board members of the Permanent Commission of the Congress of the Union


On instructions from the President of the Republic and in exercise of the power conferred by Article 71, Section I of the Constitution of the United Mexican States, based on the provisions of Article 27, Section II, of the Organic Law the Federal Government, I would refer the initiative to decree the Law of Financial Discipline of the States and Municipalities is issued, and laws are reformed Fiscal Coordination, General Public Debt and General Government Accounting, in order that for your kind conduit, is sent to the Chamber of Deputies of the Mexican Congress.

Also, based on the provisions of Article 18 of the Federal Budget a…

Mexico spent about 0.7 % in Public Security

From El Financiero Opinion in Spanish:
Etiquetas ColumnasFinanzasMacario SchettinoOpiniónpolíticosDificultadesFuera de la Caja
As we saw on Friday, we are in financial difficulties and all politicians are partly to blame. I do not think that serves to criticize anyone, but rather analyze what we want the government to spend and how we finance it. I think it's a good idea to start by what we think the government should do, to see how much it would cost, and then decide whether we are willing to pay it, reduce it or prefer obligations.

I do not think there is much doubt that the primary role of government is security, both nationally and that of their inhabitants, in which we include the administration of justice. And then we can discuss other things, from education to the entrepreneur government, but first we have to solve it, which is a current problem, not just a theoretical approach.

It is not easy to know how much should …

Come to our APSA Poster Session in San Fran Sat 8AM

Paper prepared for the 111th American Political Science Association (APSA) Annual Meeting, held in an Francisco, California, Sept 3-6, 2015.
Sustainable Financial Management of Local Capital Markets: A Cross National Comparison between China, Mexico, South Korea and the United States
Sept 4, 2015

Heidi Jane Smith School of Policy, Government & International Affairs SPAGIA George Mason University

Sanghee Park Department of Public Policy and Administration School of Public Service Boise State University
Liguang Liu School of Government Central Universi