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Special Report - Dynasties, 2009 (ISSN 17414474)
The growth of matriarchy
Family connections are key elements in many
facets of Mexican life. Business revolves around family capital which leads to
the creation of conglomerates and holding companies. This phenomenon
marginalises institutional investors and, arguably, produces weaker regulation
and thinner markets. In politics, a name is far more important than rhetorical
ability or ideological consistency. In crime, gangsters (not only in Mexico)
traditionally prefer to rely on blood relations.
