Ideas Economy: Mexico 2012

Change has been slow to come in Mexico, but 2012 could be a tipping point. Over 1,700 elected positions will be filled at the federal, state and local levels, including the presidency, federal congress and the mayor of Mexico City. But five years into a crippling drug war, a convincing security strategy has yet to be put forward. And in an economy heavily dominated by monopolies and oligopolies, new rules for increasing competition and promoting entrepreneurship are needed. For Mexico to sustain economic growth, business leaders, political reformers and social activists must commit to a long-term innovation strategy. This will require fresh thinking in regards to policymaking, global partnerships, crisis management, and a more creative approach to business.