Mexico Archive

As the coronavirus pandemic takes a terrible toll across Latin America, with over 3.5 million cases and nearly 150,000 deaths, the region is increasingly facing a financial and humanitarian emergency. Across Latin America and the Caribbean, GDP is forecast to contract by 9.3 percent in 2020, according to the International Monetary Fund—the region’s largest economic contraction on record, and far worse than the outlook for African and Asian economies. The United Nations expects the value of South America’s exports to fall by nearly a fifth this year due to shrinking international demand and weaker commodity prices. Foreign investment has also […]

Editor’s Note: Guest columnist Edward Alden is filling in for Kimberly Ann Elliott. Mexican President Andres Manuel Lopez Obrador went to Washington last week to meet with U.S. President Donald Trump and celebrate this month’s official launch of the updated and rebranded North American Free Trade Agreement, now the United States-Mexico-Canada Agreement, or USMCA. Critics of Lopez Obrador, including former Mexican Ambassador to the U.S. Arturo Sarukhan, called the visit “a colossal error, electorally, diplomatically and strategically.” His supporters said Mexico has little choice but to curry favor with Trump despite the insults he has hurled at the country and […]

From the moment Mexican President Andres Manuel Lopez Obrador announced plans for his first state visit to the United States, where he would meet with President Donald Trump at the White House, the news was greeted with a mixture of revulsion and astonishment. At home and abroad, critics and observers marveled at a decision to undertake a diplomatic mission so rife with potential to cause damage to Mexico and such negligible upside. The lone voices of support maintained that the lopsided odds belied the finely honed political instincts of AMLO, as Mexico’s president is widely known. Dismissing his critics, the […]

Around the world, the blunt measures imposed by central governments to fight the COVID-19 pandemic are causing widespread economic hardship. In its latest report on the state of the global economy, the International Monetary Fund forecasts that most advanced and emerging economies will experience their worst downturns since the Great Depression, as global GDP is set to contract by an estimated 4.9 percent this year. The recovery will not come fast, it warns, with growth expected to be sluggish in 2021. Mexico is no exception, but its economic troubles predate the pandemic. And while most countries are crafting policies to […]