Understanding the Stakes in Mexico’s Upcoming Election
Will AMLO’s successor continue on his path?
Claudia Sheinbaum, former mayor of Mexico City and presidential candidate for the Morena party, prior to the first televised presidential debate in Mexico City, Mexico, on Sunday, April 7, 2024.
Photographer: Stephania Corpi/BloombergOn June 2 2024, Mexicans will go to the polls to elect a successor to current President Andrés Manuel López Obrador. His chosen successor, former Mexico City Mayor Claudia Sheinbaum, is the odds-on favorite. But what is AMLO's legacy exactly? In some sense, economic growth under his administration has been robust. On the other hand, there's been very little progress on domestic security. He also leaves a legacy of massive spending routed through the military whose fruits are still undetermined. On this episode, we speak with Bloomberg reporter Andrea Navarro, who has dug deep into how AMLO has conducted economic policy, his approach to industrial and fiscal policy, and whether Mexico is now in a position to ride the ongoing wave of trade with the US and the nearshoring of international supply chains.