Analysis: Mexico's creaky economy to test Pena Nieto's ambitions

About Analysis: Mexico's creaky economy to test Pena Nieto's ambitions


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News article: Analysis: Mexico's creaky economy to test Pena Nieto's ambitions

News Manager July 3rd, 2012


MEXICO CITY (Reuters) - Mexico's creaky domestic economy, riddled with monopolies and inefficiencies, makes the next government's goal of boosting growth to rates last seen in the 1970's seem like a pipe dream. The return to power of the Institutional Revolutionary Party, or PRI, in Sunday's presidential election may be Mexico's best chance for significant economic remodeling in a generation. But the checkered history of reforms in Latin America's second-biggest economy, producing failure as often as success, underscores the size of the challenge. ...




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