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Mexico: Are the Pessimists Exaggerating? - November 2003

 Economic Outlook 
 Author:  John Price  

 

It is all too common for Latin American politicians to live in rosy denial of their nation’s economic plight. Latin voters, long accustomed to incompetent or unscrupulous government, can be surprisingly optimistic, even when facing dire circumstances. Perhaps it is a sign of political maturity that today, Mexicans –politicians and voters alike – are decidedly gloomy in the midst of a period of economic stability unknown to the country since the 1960s.

 
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