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Video: Mexico's Economic and Political Outlook 2017

Wednesday, February 15, 2017

Speakers:

  • Jorge Mariscal, Chief Investment Officer, Emerging Markets, UBS Wealth Management
  • Gerardo Rodríguez Regordosa, Managing Director, Emerging Markets Strategy, BlackRock, Inc.
  • Jorge Suárez-Vélez, Economist and Columnist, El Financiero
  • Cardiff Garcia, U.S. Editor FT Alphaville, Financial Times (moderator)

Panelists covered a range of major challenges for Mexico, from U.S. President Donald Trump's anti-Mexican rhetoric to trade negotiation challenges to outrage over domestic corruption—all as the country finds itself in the leadup to the 2018 presidential elections. Economist Jorge Suárez-Vélez commented that Mexican voters are more motivated to unite against corruption than against Trump. Despite preoccupations that leftist Andrés Manuel López Obrador could win the election, UBS' Jorge Mariscal says Mexicans have recent, negative bad memories of populists, so he would have to win as a more moderate candidate. BlackRock's Gerardo Rodríguez commented on the lack of an articulated agenda to built strong, transparent institutions. And all three panelists placed bets on who might be the presidential candidate for the governing party.