By THÉRÈSE MARGOLIS Mexican President Andrés Manuel López Obrador (AMLO) got a double-whammy blow to his economic policies over the weekend when former Central Bank of Mexico (Banxico) Governor Agustín Carstens (a champion of what AMLO despairingly calls neoliberal economics) was presented the King of Spain Economics Award as “one of the most important and influential economic policy makers in
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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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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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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By RICARDO CASTILLO Bleak Outlook on Poverty There is no question that Mexico’s gross domestic product will plummet this year. The question is how much it will fall, and guesses range from between 5.7 percent to 10.5 percent. A recent study by the National Council for the Evaluation of Social Development (Coneval) presented two different economic scenarios for the rest
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By RICARDO CASTILLO This is the brief story of a tempest in a teapot, along with a brief analysis of what the political situation in Mexico is in the times of covid-19, at least for the day. The latest political snafu is a lot of fun, but it was also meaty enough to make for 24 more hours of political
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By RICARDO CASTILLO AMLO: “I’m not an ornamental vase” There must have been more to the matter than met the naked eye. If not, why did Mexican President Andrés Manuel López Obrador (AMLO) raise so much hell over it? On Sunday, April 26, the Mexican Business Association and the investment department of the Inter-American Development Bank (BID) announced that they
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By RICARDO CASTILLO … A quick review of the most important news items in Mexico over the last few days…
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By EARL ANTHONY WAYNE, former U.S. Ambassador to Mexico
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico and Argentina
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