With corruption endemic, President Peña Nieto’s reforms in Mexico have an uncertain fate

At the beginning of September, Mexico’s President, Peña Nieto, announced an ambitious agenda of education reforms, to a storm of protest. Mark Aspinwall writes that Mexico’s economy is dominated by the informal economy and corruption across society, and that this will inevitably hinder any attempts at reform. For Mexico to truly ignite its economic potential, it first needs better institutions, regulation, and transparency.