1 hr 11 min
Episode 2: The CFR's Shannon O'Neil Explains Mexico's Current Economic Crisis The Modern Mexico Podcast
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- Business
MEXICO'S ECONOMY: In the second episode of the Modern Mexico Podcast, host Nathaniel Parish Flannery speaks to the Council on Foreign Relations' Mexico expert, Shannon O'Neil, about Mexico's economy. Shannon shares her pessimism about Mexico's President Lopez Obrador's economic management and explains why she gives him an "F" for his economic stewardship. “I’m less impressed than with the overall macroeconomics, it’s not a C it’s closer to failing. Let me lay me lay out why the grade is so bad. What has allowed Mexico to grow has been…growth and expansion of the private sector. The policy choices of this government are limiting that today but also into the future. This is most visible in the energy sector. You see the state stepping in more and more. That I think is detrimental to seeing expansion of [economic] activities and jobs," she explains.
MEXICO'S ECONOMY: In the second episode of the Modern Mexico Podcast, host Nathaniel Parish Flannery speaks to the Council on Foreign Relations' Mexico expert, Shannon O'Neil, about Mexico's economy. Shannon shares her pessimism about Mexico's President Lopez Obrador's economic management and explains why she gives him an "F" for his economic stewardship. “I’m less impressed than with the overall macroeconomics, it’s not a C it’s closer to failing. Let me lay me lay out why the grade is so bad. What has allowed Mexico to grow has been…growth and expansion of the private sector. The policy choices of this government are limiting that today but also into the future. This is most visible in the energy sector. You see the state stepping in more and more. That I think is detrimental to seeing expansion of [economic] activities and jobs," she explains.
1 hr 11 min