Mr da Silva's team favour an industrial policy, with tax breaks, cheaper credit and government investment in research and development and in infrastructure.

ECONOMIST: Brazil

One item with bottom-line impact is the research and development tax credit, a law that's been extended 12 times since its enactment in 1981.

FORBES: Magazine Article

"It is important we support medium-size companies, together with programs from national development banks, so they can access credit and be suppliers to Pemex, and make sure over the next few years that we develop a strong oil-servicing industry in Mexico that can grow and be regionally competitive, " he said.

WSJ: Mexico Sees Energy as Key to Reset Economy

"It is important we support medium-size companies, together with programs from national development banks, so they can access credit and be suppliers to Pemex, and make sure over the next few years that we develop a strong oil-servicing industry in Mexico that can grow and be regionally competitive, " he said, speaking in English.

WSJ: Mexico Sees Energy as Key to Reset Economy