History of Mexico

Nieto presidency
Lunch with heads of State México, D.F. 1 December 2012. ©Image Attribution forthcoming. Image belongs to the respective owner(s).
2012 Dec 1 - 2018 Nov 30

Nieto presidency

Mexico

As president, Enrique Peña Nieto instated the multilateral Pact for Mexico, which soothed inter-party fighting and led to increased legislation across the political spectrum. During his first four years, Peña Nieto led an expansive breakup of monopolies, liberalized Mexico's energy sector, reformed public education, and modernized the country's financial regulation. However, political gridlock and allegations of media bias gradually worsened corruption, crime, and drug trade in Mexico. Global drops in oil prices limited the success of his economic reforms, which lowered political support for Peña Nieto. His handling of the Iguala mass kidnapping in 2014 and the escape of drug lord Joaquín "El Chapo" Guzmán from Altiplano prison in 2015 sparked international criticism. Guzmán himself claims to have bribed Peña Nieto during his trial. As of 2022, he is additionally part of the Odebrecht controversy, with former head of Pemex Emilio Lozoya Austin declaring that Peña Nieto's presidential campaign benefited from illegal campaign funds provided by Odebrecht in exchange for future favors.


Historical evaluations and approval rates of his presidency have been mostly negative. Detractors highlight a series of failed policies and a strained public presence while supporters note increased economic competitiveness and loosening of gridlock. He began his term with an approval rate of 50%, hovered around 35% during his inter-years and finally bottomed out at 12% in January 2017. He left office with an approval rating of only 18% and 77% of disapproval. Peña Nieto is seen as one of the most controversial and least popular presidents in the history of Mexico.


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