Watching Government: Mexico's outlook

The election of a new government may speed the liberalization of the Mexican energy sector.Vicente Fox and his center-right National Action Party (PAN) swept Mexico's national elections July 2, ending the 71-year reign by the Institutional Revolutionary Party (PRI).PAN will control both houses of Congress, directly or indirectly. Fox will be inaugurated president on Dec. 1 for a 6-year term.The president-elect, as a former head of Coca Cola Co.'s Mexican subsidiary, plans a more businesslike approach to government.For example, he hired an executive-search firm to help him find the most qualified candidates for the 18 cabinet seats and another top 250 government jobs, rather than j...

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