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How Mexico Ended Political Gridlock
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The WSJ's Juan Montes, in an exceptional report from Mexico City, tells the story behind a landmark achievement for Mexico- Pacto Por Mexico of Dec. 2, 2012. The major political parties of the right, centre and left forge an agreement for the way forward for Mexico- beyond monopolistic pricing and industry structures in Mexico that hurt consumers, to increase foreign investment and new technlogies to modernize the national oil company Pemex operations, change labor laws, and create a climate for higher growth. The pact is broad ranging, shows a grasp of the problems facing modern Mexico, and ranges from anti-monopoly laws to getting junk food out of schools considering Mexico's high obesity and diabetes rate. It covers 95 goals. It is hard to overstate the significance of this achievement for modern Mexico. Montes describes the initiative of the PRD leader Zambrones in rebranding his PRD party as a moderate left wing party open to new ideas. This happened after the departure of Lopez Obrador from the PRD to form his own party in September. Zambrano and PRD moderates brought up the idea based on what happened in a landmark deal in Spain in 1977, that helped transform Spain after decades of stagnation under the Franco dictatorship. Around July after the presidential election, PRD president Zambrano, and the PRD's Jesus Ortega, held meetings in Mexico City with Jose Murat, a senior PRI politician, and PRI president elect Nieto's top advisor, economist Luis Videgaray. The decision was made by president Nieto and economist Luis Videgaray to pursue the discussions for joint agreement on vital issues facing Mexico. The PAN party was brought into the discussions. By mid-September nine people from the PRD, PRI and PAN started work on a draft agreement at Murat's home. The ground rules were set for discussions to be private, to have agreement on all points or assume nothing had been agreed, and not let current events disturb the talks. The nine participants set up the broad principles, and then a group of three, one from each party was given the task of coming up with the right language for the pact. By the end of November a 34 page draft was put together. A night of intense work to 2 a.m. followed the inauguaration of president Nieto on Dec. 1, with the Pact ready for announcement on Dec. 2, 2012. The Pact is a landmark achievement in its potential for changing Mexico and creating decades of economic progress similiar to that envisioned by the Spanish parties for Spain in 1977.
The Pacto Por Mexico, Dec. 2, 2012- a landmark event for Mexico and its northern neighbors
08/15/2013
WSJ's Juan Montes interviews the important politicians of three major political parties who made the landmark event for Mexico happen on December 2, 2012- the Pacto por Mexico. Politicians from the three major political parties, the PAN, the PRD in the opposition and the PRI in government under president Nieto, show remarkable courage to sidestep old rivalries and differences. For PAN which faced PRI opposition on similar reform efforts, it was about foregetting revenge. For the PRD leader Zambrano who helped create a moderate left party, it was about forging a new beginning and making the initial overtures to the president. President Nieto and economist Videgaray deserve credit for grasping the significance of the PRD's proposal for the pact and working hard to make it a reality. Mexico now has the opportunity to become the most dynamic economy in the Americas after the U.S. From the pain of 15 years of stalled politics betwen the left, centre and right parties emerged a new consensus for the way forward. An exceptional piece of reporting by Montes on a landmark event for the Americas at a time when more children of Hispanic origin are born in the U.S. than of any other ethnic group- building a Mexico of opportunity and access and bridging a large part of the opportunity gap with its northern neighbors.
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How Mexico Ended Political Gridlock
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