Less than two years into Enrique Pena Nieto’s presidency, Mexico is implementing an ambitious structural-reform package designed to lift its economy out of a multi-decade low-growth trap and create new opportunities for its citizens. The reforms involve restructuring economic sectors once deemed politically untouchable, and are backed by constitutional amendments and a bold legislative agenda.
Indeed, thanks to the “Pact for Mexico,” much of this agenda has the support not only of Pena Nieto’s government, but also of the two main opposition parties. This unique arrangement soon will be tested as the reforms begin to . . .