Should Mexico Embrace The Buck?
Rudy Dornbusch's article, "Mexico should ditch the peso for the dollar," (Economic Viewpoint, May 19) misses the point. As we say in Mexico, "once the dog is dead, rabies is gone." Well, it's not quite. While we are all aware of the political-economic cycles in Mexico, the central issue is that we Mexicans need to change our political, economic, and legal structures to create a system that will improve living standards and provide a better society. Ditching any currency for the dollar would not change corruption, correct the lack of a truly democratic system, or improve bad economic management in any country.
Joaquin Lopez Oroz