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Latin American Economy & Business - September 2014 (ISSN 1741-7430)

Mexico: An airport to define a presidency?

Assume you are the president of Mexico. In your first 21 months of a six-year term in office you have won congressional approval for far-reaching reforms covering banking, the tax system, education, telecommunications, and most importantly, the energy sector. Because of this, your international reputation is extremely good; you’ve had your picture on the cover of Time magazine. But there is a problem. It will take years before these reforms boost economic growth, which at the moment remains weak. And at home your popularity ratings are falling. Mid-term elections are due in mid 2015. Perhaps now might be a good time to launch one of the world’s largest infrastructure projects?

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