The Political Prize of the Economy

MEXICO - Report 18 Jun 2013 by Mauricio González, Guillermo Valdes and Esteban Manteca
Executive SummaryThe poor showing of the Mexican economy during the first months of the year could have significant political repercussions as voters prepare to head to the polls in 14 states this July 7. The wave of optimism the PRI was riding as it took office last December – polls at the time showed almost 60% of the public expected President Enrique Peña Nieto to usher in a period of positive change – has clearly broken and Mexicans have grown increasingly frustrated at the flagging of job and wage growth, the resurgence of inflation and rising poverty rates. Consumers already offered a...

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