11/16/2017 Americas Quarterly
Emerging media consensus is that Mexico’s Institutional Revolutionary Party (PRI) will likely name Treasury Secretary José Antonio Meade as its candidate for president in 2018. Such a move would serve the unpopular ruling party on two fronts: it would muffle inherent opposition to the PRI as an institution (Meade is not a party member), and it would give them an ideal standard-bearer to carry forward their economic message (Meade has been treasury secretary for two parties and is highly regarded by the country’s business elite).
On this second front, the PRI has a decent case to make. The economy is stable, structural reforms seem to be bearing fruit and, NAFTA aside, there are no major storm clouds on the horizon. Will this be enough to shift voters’ focus next July? Unfortunately for the PRI, the answer is probably not. The race for Mexico’s presidency in 2018 looks to be about two things: crime and corruption. Or, put more simply, impunity.