Video: Mexico's Economic and Political Outlook after the Elections

Speakers:

• Alonso Cervera, Chief Economist for Latin America, Credit Suisse 
• Rubén Kraiem, Corporate Partner, Covington & Burling LLP
• Mauro Leos, Team Manager Latin American Sovereign Ratings, Moody’s Investors Service
• Vivianne Rodrigues, Latin America Managing Editor, Economic & Political coverage, Bloomberg News (moderator)

Panelists began the discussion talking about the future of the Institutional Revolutionary Party (best known as the PRI) and the changing political scenario in Mexico after recent gubernatorial elections. While Moody's Mauro Leos explained the negative outlook for the country with stagnant growth, fiscal deficit, hurdles for Pemex, other speakers covered the current peso's devaluation and the risk of rising inflation and unemployment levels. Participants concluded that the results of upcoming U.S. elections could change the relationship between the Mexican private sector and the United States, its largest market.