Political Risk Latin America Blog @PolRiskLatam

Carstens praises Mexico’s war on drugs

Posted in News and Articles, Political Risk by politicalrisklatam on June 7, 2011

by Adam Thomson for Financial Times – Beyond Brics, June 7th, 2011.

Has Felipe Calderón’s made much progress on structural reform? Ask most people, and the answer would be a resounding “No”. His presidency of Mexico, they would argue, will go down as one in which areas such as tax, labour and energy went largely unchanged.

But try asking Agustín Carstens, as beyondbrics did this week, and Mexico’s central bank governor and contender for the top job at the International Monetary Fund will tell you that people are overlooking one vital structural reform: security.

Excuse me?

In an interview on Monday, Carstens said: “The crusade on organised crime is a major structural reform.” (continue reading… )


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