November 16, 2013

WIN-WIN:

Mexico nears electoral reform, opening door to energy bill (DAVE GRAHAM, Nov 12, 2013, Reuters)

Accused a generation ago of engineering the "perfect dictatorship," Mexico's ruling party is now close to agreeing on a plan that could weaken the presidency and strengthen Congress in order to win votes for a major energy reform.

The Institutional Revolutionary Party (PRI) and its opposition rivals are shortly expected to unveil the blueprint for a reform aimed at giving Congress greater oversight of government and allowing lawmakers to serve consecutive terms.

Billed as a step forward for democracy, the electoral reform is a bargaining chip for President Enrique Pena Nieto's most ambitious plan - changing the constitution to allow more private capital into the state-controlled oil industry.

The energy bill is the central pivot of a broader drive for change from telecoms to education that Pena Nieto hopes will help boost Mexico's economic growth, which has long lagged that of other countries in the region.

Posted by at November 16, 2013 10:15 AM
  

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