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Videgaray to Be Mexican Finance Head as Pena Nieto Takes Power-Mexico Institute in the News

Duncan Wood

“It’s recognition for all the hard work and it gives him a very powerful position in Mexico. I think markets are going to see that as a very positive step forward,” said Duncan Wood on the Mexican economy.

Bloomberg Business Week, 11/30/2012

His most immediate challenges will be to overhaul the tax system and open the energy industry to more private investment.

“It’s absolutely a fantastic choice,” said Duncan Wood, director of the Mexico Institute at the Woodrow Wilson International Center for Scholars in Washington. “It’s recognition for all the hard work and it gives him a very powerful position in Mexico. I think markets are going to see that as a very positive step forward.”

One position Pena Nieto has yet to name is his ambassador to the U.S., Mexico’s top trade partner and its neighbor along a 2,000-mile border.

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About the Author

Duncan Wood

Duncan Wood

Vice President for Strategy & New Initiatives; Senior Advisor to the Mexico Institute
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Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more