Mexico's Fox Hopes To Revive Reforms.

From: Kiplinger Business Forecasts | Date: February 8, 2002 | Copyright information

Byline:Ken Dalecki

Mexico's President Vicente Fox came to office just over a year ago, ending 71 years of control by the Institutional Revolutionary Party (PRI) and raising hopes for dramatic economic and social reform. The reviews, so far, are mixed, and he hopes a visit by President Bush next month will burnish his image.

On the plus side of the ledger, Mexico has succeeded in taming inflation, which is expected to be just under 5% this year and about 4.2% in 2003. It has been trimming federal deficits, attracting foreign investment, boosting worker pay and productivity ...

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