Featured in this podcast are Gabriel Lozano and Ben Ramsey.

This month, Mexican President Andres Manual Lopez Obrador (AMLO) presented a constitutional reform proposal that would roll back a number of growth-enhancing structural measures designed to liberalize his country’s energy sector.  While the proposal is wide-ranging, most impacted would be Mexico’s electricity sector, which would largely be turned back to the state-owned utility, CFE. We see numerous adverse economic impacts from the proposal, which we discuss, while also assessing the most likely outcome of the legislation before Mexico’s Congress. At this point, we would not discount the risks that a substantial portion of the president’s proposal could become law. Ben Ramsey, J.P. Morgan’s head of Latin America Research in New York, interviews Mexico Chief Economist Gabriel Lozano from Mexico City.

This podcast was recorded on October 21, 2021.

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