Mexicans, hoping for change, have elected Andrés Manuel López Obrador (AMLO) as president for a six-year term. López Obrador is a socialist who pledges to “adjust” the free market model and implement new social programs. His election poses a risk to the resolution of the Venezuelan crisis and to trade with the United States.
López Obrador’s election is part of a global populist wave that has shaken the world but runs counter to the sweep of center-right victories across the Americas.
Read the full op-ed in Economics 21 here.