Mexico’s new president takes office on Saturday seeking to shift the focus away from a grisly drug war and onto economic reforms aimed at sparking fast growth and pulling the country out of the shadow of regional powerhouse Brazil.
Enrique Pena Nieto inherits a $1.2 trillion economy that lagged other emerging markets for most of the past decade but has gained ground over the past two years, drawing in record investment despite continuing criminal violence.The former state governor must grapple with the legacy of outgoing President Felipe Calderon – a raging battle with drug cartels that has killed over 60,000 people in the last six years and shaved an estimated percentage point off annual growth.via Analysis: Mexico’s new president to reset drug war, push reforms | Reuters.