By the standards of the past three decades, Mexico's economic performance since 2010 has given much room for optimism. Headlines such as "Mexico's Moment" and "The Aztec Tiger" are now as ubiquitous as those which not too long ago painted Brazil as the region's economic darling. Yet among the glowing...

With the inauguration of Enrique Peña Nieto of the PRI on December 1, Mexico's short history of multi-party rule entered a new chapter, after a dozen years of rule by the center-right PAN came to an end. There will be much soul seeking among the PAN in the...

Ask the experts what they think the root of Mexico's problems is and you'll get a myriad of responses: an economy that despite its export success, suffers from big local monopolies which stifle internal competition; the inability to achieve a sustainable reduction in poverty and inequality even during periods of...

Compared to the drama, the tears, and the grandiosity seen during the golden era of presidentialism, Mexico's state of the union addresses have become a rather low-key event these days. This year's would have been little different had it not been for president Felipe Calderón's surprising last-minute bombshell: an ambitious...

Mexico's LXII legislature begins its session on September 1st amid moderate optimism that the country's tradition of congressional deadlock could finally begin to unravel. At first glance, there are plenty of reasons to support the view that this time it will be different; that obstructionist tendencies and conflicting interests will...

Despite a turbulent post-electoral environment which has been highlighted by accusations of fraud and intensifying social unrest, Mexico's markets have reacted rather favorably to the victory of Enrique Peña Nieto of the PRI on July 1st. Under the "consensus view" (which markets ultimately reflect), Mexico's political environment has never been...

With the preliminary vote count nearly done, it appears that Enrique Peña Nieto of the PRI will soon be confirmed as Mexico's president elect, ensuring a return to power of a party which ruled Mexico for over 70 years until its 2000 defeat. The idea of the PRI...

On July 1st, Mexicans will head to the urns in what is only the second presidential election following 70 years of single-party rule by the PRI. On the economic front, the stakes have never been higher. For three decades, Mexico has languished in a middle-income trap of tepid growth and...