Washington's potential Mexico problem: the consequences of a left-wing win in July's elections could be greater than financial markets think. From: The International Economy | Date: March 22, 2006| Author: Whalen, Christopher | COPYRIGHT 2006 International Economy Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

"Mexicans don't need any lessons from Hugo Chavez in Venezuela about being socialists," groused an official of the Fox government when asked about the prospect of a left-wing win in Mexico's July presidential election. "When Andres Manuel Lopez Obrador wins power," says the same source, "the period of stability in Mexico will be over."

Over the past six years, foreign investors and political leaders have become accustomed to stability, even torpor, in Mexico's once vola...

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