Latin American Weekly Report

21/05/2020 - Mexico swimming against the tide under López Obrador

If critics of Mexico’s President Andrés Manuel López Obrador were restricted to isolating just one of his faults there is a strong chance they would settle on his inflexibility, a dogmatic determination to pursue his own ideologically infused agenda irrespective of the costs. The strength of López Obrador’s convictions won him votes but it means he is unable or unwilling to adapt: his government’s economic response to the magnitude of the challenge posed by the coronavirus (Covid-19) pandemic is a case in point. But given the scale of the economic contraction facing Mexico in 2020 as a result of Covid-19, this intractability has perhaps never been as apparent as now. His government published a new energy policy this week that will not just alienate investors when the economy needs them most, and lay the state open to big compensation claims when it is least able to pay, but also embraces ‘dirty’ energy when there is a global shift towards ‘clean’ energy.

Download the full briefing to read on...

Access to the full Latin American Weekly Report is one of the benefits of a Canning House Corporate Membership.

Canning House Individual Members receive LatinWeek with their weekly newsletter.

Learn more and become a member today.

More recent briefings & intelligence

Becoming a member at Canning House

By joining Canning House, you will become part of the UK's leading forum for informed comment, contacts and debate on Latin American politics, economics and business.

Just £50 per year.

Join now

Learn more

Sign up to our newsletter

All of Canning House's activities, including our upcoming events, insightful publications, latest news, and featured events from the UK-Latin America community.

In your inbox, every week, for free.