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Friday, May 26, 2006

Mexico Elections

From the Wall Street Journal (subscription):

On July 2 Mexico will hold the most closely contested presidential election in its history. That in itself wouldn't be a problem if all the candidates were committed to the democratic process. But in recent weeks two of the three main campaigns have jointly pledged to challenge election results in the streets with massive unrest if their candidates don't win. If that happens, Mexico will be thrown into chaos and Mexicans will be the losers...

This situation would weaken the country's institutions, raise uncertainty and fears of anarchy, with potentially serious financial instability and economic disarray. Emigration would mushroom. The long awaited Mexican miracle of fast growth and job creation -- stemming migratory outflows -- would be lost for at least another six years, if not for much longer.

7 Comments:

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6/15/2006 1:52 PM  
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