Jun 26, 2012

Analysis: Mexican ruling party faces defeat but may back reforms

Reuters: Mexico's ruling party faces heavy defeat at a presidential election on Sunday and already is preparing for life in the opposition, where it could help pass economic reforms that it was unable to push through in power.

The conservative National Action Party, or PAN, ushered in a new era in Mexican democracy in a 2000 election that broke the Institutional Revolutionary Party's (PRI) 71-year grip on power and raised high hopes of change.

Twelve years on, however, Mexico is mired in a brutal drug war and the economy has suffered from sluggish growth, in part because two successive PAN governments have failed to get structural reforms through an opposition-controlled Congress.

Josefina Vazquez Mota, the PAN candidate, is paying for those failures. Running to become Mexico's first woman president, she is far behind front-runner Enrique Pena Nieto, who touts himself as the new face of the PRI. Read more.

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