Tag Archives: inequality

What AMLO Got Wrong, According to Experts

By MARK LORENZANA Economic experts in Mexico have questioned the numbers that Mexican President Andrés Manuel López Obrador (AMLO) presented in his fourth State of the Nation Address (Informe de Gobierno) at the National Palace in Mexico City on the afternoon of Thursday, Sept. 1, and accused him of “not sticking to reality.” The analysts, in a report by Mexican

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AMLO Offers Nothing New in Fourth State of the Nation Address

By MARK LORENZANA With his popularity dropping, violence growing and the country’s economy crashing, Mexican President Andrés Manuel López Obrador (AMLO) on the afternoon of Thursday, Sept. 1, tried his hardest to put a positive spin on his administration’s shortcomings through his State of the Nation Address (Informe de Gobierno) at the National Palace in Mexico City. The 50-minute speech

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Mexican Government Prioritizes Subsidies over Investments

By MARK LORENZANA The Mexican federal government has continued its trend of prioritizing subsidies over investments, despite the economic crisis brought about by the covid-19 pandemic. In the first six months of this year, subsidies and financial transfers totaled 463.5 billion pesos, according to data released by Mexico’s Secretariat of Finance (SHCP). In contrast, physical investment — which is focused on building, conserving

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Effective, Reciprocal Labor Enforcement Is Essential for USMCA

OPINION By ÁLVARO SANTOS Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) was born from a threat and a promise. The threat was to eliminate the North American Free Trade Agreement (NAFTA) altogether despite the huge regional market it helped create. The promise was to make that market more beneficial to the United States, and,

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AMLO Tells UN General Assembly to Follow Mexico’s Example

By THÉRÈSE MARGOLIS After arriving hours earlier in New York City to a mixed crowd of avid supporters and equally-avid opponents, Mexican President Andrés Manuel López Obrador (AMLO) on Tuesday, Nov. 10, made a beeline straight to the UN Headquarters at United Nations Plaza to lecture the General Assembly on the evils of corruption, which he has repeatedly called “the

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Mexico’s GDP Grows While Lower Class Stagnates

By KELIN DILLON Though Mexico’s gross domestic product (GDP) has been rebounding after the economic effects of the covid-19 pandemic, the Center for Economic Studies of the Private Sector (CEESP) said that families in poverty are likely worse off because of it, only widening the country’s large inequality gap. The CEESP pointed out that many medium- and small-sized businesses were

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