Puerto Vallarta News

Puerto Vallarta News

Mexico gets 1st leftist leader after 32 years of technocrats

Mexicans are getting more than just a new president Saturday. The inauguration of leftist Andres Manuel Lopez Obrador will mark a turning point in one of the world’s most radical experiments in opening markets and privatization.

Mexico long had a closed, state-dominated economy, but since entering the General Agreement on Trade and Tariffs in 1986, it has signed more free trade agreements than almost any other country, and privatized almost every corner of the economy except oil and electricity.

Now, though, Lopez Obrador talks a talk not heard in Mexico since the 1960s: He wants to build more . . .

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