Fighting Corruption in Mexico

Taking It to the People

Businessmen hold balloons forming the word that reads 'Corruption' during a protest by members of the Mexican Employers' Confederation (COPARMEX) to demand senators to approve the original proposal of the National Anticorruption System, at the Angel of Independence monument in Mexico City, Mexico, June 16, 2016. Ginnette Riquelme / Reuters

Mexicans, like many other people around the world, have little love for their politicians these days. In a September 2015 poll, the public ranked Mexico’s political parties and its two houses of Congress among the country’s least-trusted civic institutions. President Enrique Peña Nieto also scored badly—no surprise, given that he, his wife, and at least five senior government officials, including cabinet members, have been accused of corruption and conflict of interest in recent years.

Public frustration with government is nothing new in Mexico, where corruption has long undermined the country’s development. According to the Mexican Institute for Competitiveness, a think tank, each year corruption costs the country between two and ten percent of its GDP, reduces investment by five percent, and eliminates 480,000 jobs from small- and medium-sized businesses. But recently, the Mexican government has begun to act on these issues. Finance Minister Luis Videgaray tackled financial

Loading, please wait...

Related Articles

This site uses cookies to improve your user experience. Click here to learn more.