<b>Can Fox’s reforms outwit opponents?</b>
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
BANKING

<b>Can Fox’s reforms outwit opponents?</b>

Headline: Can Fox’s reforms outwit opponents?
Source: Euromoney
Date: September 2000
Author: Andrea Mandel-Campbell

more on Latin America
more on Mexico

The policy team of new Mexican president Vicente Fox has thought of everything. An impressive set of reforms covering the central bank, capital markets, the fiscal deficit, the energy sector and judiciary are all laid out ready. But can they be got through congress and made to work free from interference and corruption? Mexico is facing one of the biggest make or break periods in its history, writes Andrea Mandel-Campbell



Mexico’s Financial sector could use a miracle. The odds have been against the struggling industry ever since a currency devaluation in the mid-1990s sent the banking sector into turmoil and capital markets plummeted. A slow road to recovery remains the most likely prospect but ever since Vicente Fox was elected Mexico’s new president the country seems to be alive with possibility.

The country’s once staid political climate has suddenly turned interesting since the charismatic new president-elect swept to a surprise victory in a July 2 presidential vote.











Gift this article