Mexico's steaming political environment reached full boil with the victory of Vicente Fox in the July 2, 2000 presidential election. His clear 6.4% win over Francisco Labastida, candidate for the Institutional Revolutionary Party (PRI), shattered 71 years of PRI monopoly at the executive level. Fox's conservative National Action Party (PAN) had previously won several state elections, setting the stage for this historic change at the federal level. Expectations for a continued and sweeping democratic transition are running high. But the reforms may not be as exhaustive as voters or even business would hope.