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Mexico & Nafta - January 2013 (ISSN 1741-444X)
ECONOMY: Delivering on EPN’s vision
Within a day of taking office, President Enrique Peña Nieto surprised almost everyone by managing to get the leaders of the three main political parties to sign up to a grand scheme for the development of Mexico in the next six years. Commentators have likened it to the Moncloa Pacts in Spain in 1997, when at the outset of the return to democracy the political class united around a set of programs to set the basic shape of economic and social policy during the political transition. The pacts helped to modernise Spain after four decades of an inward-looking dictatorship under General Francisco Franco (1936-1975). The question now is if the Mexican pact will have the same success.
