When Enrique Peña Nieto was elected Mexico’s 57th president last July, he promised sweeping reforms that would treble the country’s rate of growth. This was welcome news for investors. Over the past decade, Mexico has expanded at less than 2 per cent per year, falling behind most of its peers in Latin America.

Barely one day after being sworn into office, Mr Peña Nieto has produced a blueprint for his reform programme. True, his “Pact for Mexico” is only a statement of intent, riddled in many places with woolly language. Yet, the scope of the plan is refreshingly ambitious, including 95 “commitments” ranging from energy policy to education reform. It also carries the signatures of the main political parties – a welcome break from Mexico’s normally fractious polity.

via A grand plan for Mexico’s future – FT.com.