For Calderon, Reversing Mexicos Brain Drain Is Key to Success

“As Felipe Calderon, Mexicos new president, sets his agenda for 2007, he will have to succeed where his predecessor Vicente Fox failed: creating greater opportunities for Mexicans by breaking the rapacious monopolies that flourished during Naftas first decade, and stopping the brain drain that is a result of it.

To be sure, Mexico has made a remarkable transformation during the past quarter century, evolving from a country with a closed economy and political system, to a viable democracy, with a stable currency and consistent, if lackluster, economic growth and capital formation that ranks it as one of the worlds top 15 economies.”

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