The Long Road To ReformMarch 2010 |
BMI View: The constant struggle to introduce far-reaching social and economic reforms will be the defining characteristic of Mexican politics up to and beyond the 2012 elections. Bureaucratic inertia will translate into a lack of sustainable economic development, maintaining the country's position as an emerging market underperformer. Meanwhile, we believe the best case for ending the drug violence lies in an unofficial truce with the cartels.
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