AMLO Goes Full Throttle Against Neoliberalism - But What About NAFTA?

Despite having created a mixed cabinet - one that includes pro-business people such as cabinet chief Alfonso Romo - for the purpose of helping him keep the trust of "the markets" during the exceedingly long six-month transition period, AMLO took the bull by its horns and made it clear what...

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Bibliographic Details
Published inForeign Policy in Focus p. 1
Main Author Perez-Rocha, Manuel
Format Report
LanguageEnglish
Published Washington Inter-Hemispheric Resource Center Press 17.12.2018
Subjects
Agreements
Banking
Cities
Corruption
Elections
Local elections
Local government
Lopez Obrador, Andres Manuel
Markets
Neoliberalism
North American Free Trade Agreement
Petroleum
Political parties
Political power
Politics
Presidents
Privatization
Society
Speeches
Trudeau, Justin
Trump, Donald J
Canada
United States > US
Mexico
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Summary:Despite having created a mixed cabinet - one that includes pro-business people such as cabinet chief Alfonso Romo - for the purpose of helping him keep the trust of "the markets" during the exceedingly long six-month transition period, AMLO took the bull by its horns and made it clear what he has stood for all his political life. Later he fought the privatization of Mexico's oil state company PEMEX, denounced the Savings Protection Banking Fund (FOBAPROA) scheme that bailed out bankers at the expense of the Mexican people, and leftthe Institutional Revolution Party (that monopolized political power for decades) to form with Cuauhtémoc Cardenas the Democratic Revolution Party (that has now almost disappeared). [...]AMLO leftit and formed the MORENA (Movement of National Regeneration) party, which now has a majority in both houses of the national legislature. [...]MORENA won four states (out of eight that had elections this year), and several municipalities and big cities - including the biggest local prize, Mexico City, which elected a woman for the first time:
ISSN:1524-1939