Government regulations and FDI: a historical perspective of mexico

This article analyzes the development of foreign investment regulations and their impact on FDI flows in Mexico. The study covers the evolution of sectoral and aggregate investment patterns from the independence period to the 1994 Peso crisis and its aftermath. The pattern followed by FDI in Mexico has paralleled the transformation of the Mexican economy itself, focusing initially on the extractive and agricultural sectors, then on manufacturing activities, and recently on the services sector. Mexico has continuously reformed and modernized its regulatory system in order to adapt to internal political changes and changes in the world economic environment. Recent economic reforms and liberalization of FDI regulations have had a major positive impact on capital inflows, but more needs to be done, especially in the area of financial services in order to achieve a higher level of economic efficiency and to prevent financial breakdowns like the one experienced in 1994.     

Oxytocin and the Biological Basis for Interpersonal and Political Trust

Political scientists have documented the many ways in which trust influences attitudes and behaviors that are important for the legitimacy and stability of democratic political systems. They have also explored the social, economic, and political factors that tend to increase levels of trust in others, in political figures, and in government. Neuroeconomic studies have shown that the neuroactive hormone oxytocin, a peptide that plays a key role in social attachment and affiliation in non-human mammals, is associated with trust and reciprocity in humans (e.g., Kosfeld et al., Nature 435:673–676, 2005; Zak et al., Horm Beh 48:522–527, 2005). While oxytocin has been linked to indicators of interpersonal trust, we do not know if it extends to trust in government actors and institutions. In order to explore these relationships, we conducted an experiment in which subjects were randomly assigned to receive a placebo or 40 IU of oxytocin administered intranasally. We show that manipulating oxytocin increases individuals’ interpersonal trust. It also has effects on trust in political figures and in government, though only for certain partisan groups and for those low in levels of interpersonal trust.     

Government Shekels without Government Shackles? The Administrative Challenges of Charitable Choice

As President Bush plans to expand "Charitable Choice," civil libertarians worry that the legislation is part of a new assault on separation of church and state. Religious Right activists demand assurances that funds will not flow to groups like the Nation of Islam or Scientologists. African American pastors in urban areas—arguably the main targets of the initiative—are concerned that "government shekels" will be accompanied by "government shackles," that the costs and regulatory burdens accompanying collaborations with government will divert resources from client services and mute their prophetic voice.
Caught in the middle are public managers, who must make the legislation work in the face of significant administrative challenges. Those challenges occur in three areas: contracting procedures, contract administration, and evaluation. In each of these categories, political realities and constitutional constraints will significantly complicate the manager's job.     

Just say no to the war on drugs

B.A., State University of New York, Old Westbury, 1981; J.D., Rutgers University School of Law, Camden, 1989.     

Reviews

Michael Mandelbaum (ed.), The Strategic Quadrangle. Russia, China, Japan and the United States in East Asia. New York: The Council on Foreign Relations, 1995, vii + 221 pp., $16.95.

Theodore H. Friedgut & Jeffrey W. Hahn (eds), Local Power and Post‐Soviet Politics, New York and London: M. E Sharpe, 1994, xv + 292 pp., £40.00 h/b, £19.95 p/b.

Paul G. Lewis, Central Europe since 1945. London: Longman, 1994, xv + 135 pp., £13.99.

Gareth Winrow, Turkey in Post‐Soviet Central Asia. London: The Royal Institute of International Affairs, 1995, 53 pp.

Henry S. Rowen, Charles Wolf, Jr & Jeanne Zlotnick (eds), Defence Conversion, Economic Reform, and the Outlook for the Russian and Ukrainian Economies. Basingstoke: Macmillan Press, 1994, 262 pp., £34.00.

Thomas M. Nichols, The Sacred Cause: Civil‐Military Conflict over Soviet National Security, 1917–1992. Ithaca, New York: Cornell University Press, 1993, xiii + 259 pp., $35.75.

Sergei N. Goncharov, John W. Lewis & Xue Litai, Uncertain Partners: Stalin, Mao, and the Korean War. Stanford: Stanford University Press, 1993, xi + 393 pp., £30.00.

Andrew Horton (ed.), Inside Soviet Film Satire: Laughter with a Lash, Cambridge: Cambridge University Press, 1993, xii + 171 pp., £27.95; Michael Brashinsky & Andrew Horton (eds), Russian Critics on the Cinema of Glasnost, Cambridge: Cambridge University Press, 1994, viii+167 pp., £30.00.

Vida T. Johnson & Graham Petrie, The Films of Andrei Tarkovsky. A Visual Fugue. Bloomington and Indianapolis: Indiana University Press, 1995, xviii + 334 pp. Distributed in the UK and Ireland by Open University Press, £42.50 h/b, £18.99 p/b.

Andrea Peto & Mark Pittaway (eds), Women's History—Women in History: Central and East European Perspectives, Central European University, History Department, Working Paper Series 1, Budapest, 153 pp. (EU Press, 1994).