Sep 21, 2011, 5:45 PM
Post #6 of 9
It seems like the key factors that will affect the Mexican economy, MXN Peso exchange rates, Mexican oil production & oil revenues, and the quality of life here, will be determined by the PRI's potential changes in :
Re: [surebought] What happens if the PRI wins in 2012?
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These four factors seem to be the axles that will determine how the broad trends play out, but I don't know enough about the PRI to get a sense of how they will change things. When the PRI wins elections at the State and Local levels by passing out truck-loads of cement blocks to 10,000's of poor families in Yucatan, and passing out 10,000's of free tinacos in the State of Mexico, etc, etc, etc, then how can we expect things to not change?
- Central bank policies and personnel,
- Pemex operations,
- How Pemex revenues are used, and
- The effects of potentially increasing (returning to) corruption that is embedded at many levels of govt. & society.
On the other hand, the previous pre-PAN PRI leaders in Yucatan brought in 5 major factories (from international deals) using their traditional strategies, which created a lot of jobs, while the PAN period had no similar "accomplishments".
Background info on oil and peso valuations, see another Mexconnect thread: http://www.mexconnect.com/...psed;page=last;#last which describes some of the recent effects of oil prices and oil revenues on MXN Peso values.
E-visit at http://yucalandia.com
(This post was edited by YucaLandia on Sep 21, 2011, 5:46 PM)