Mexico: Open Markets, Open Politics
The surprising election of Vicente Fox as President of Mexico on July 2 will be remembered as a triumph not just for Fox himself but also for the people of Mexico and for current president Ernesto Zedillo. For Mexico, the victory of Fox's National Action Party over the Institutional Revolutionary Party (PRI), which had ruled the country uninterruptedly since 1929, is a sign of the country's transition to full democracy. And for Zedillo, despite the PRI's loss, the ability to shepherd Mexico through its freest elections ever will stand as a permanent testimonial to his foresight and wisdom.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks Gain as Senate Votes to End Shutdown: Markets Wrap