Oddbean

Despite progress on poverty, Mexico’s first female president inherits a shaky economy ========== Claudia Sheinbaum, Mexico's first female president, inherits a US$1.79 trillion economy; she pledges to continue social policies of predecessor AMLO; 36% of Mexicans are still poor, with 7% in extreme poverty; GDP per capita fell during AMLO's term; central bank estimates 1.2% GDP growth next year; Sheinbaum faces largest budget deficit since 1980s, nearing 6% of GDP; tax revenues at 17% of GDP, below Latin American average; high energy subsidies strain public finances; Sheinbaum aims for green energy transition and infrastructure development; she previously halved murders in Mexico City; challenges include attracting foreign investment and combating organized crime. #ClaudiaSheinbaum #Mexico #Economy #Poverty #Amlo #BudgetDeficit #GreenEnergy #Infrastructure #ForeignInvestment #OrganizedCrime https://theconversation.com/despite-progress-on-poverty-mexicos-first-female-president-inherits-a-shaky-economy-240136