Mexico candidates’ economic plans are overly ambitious

Significance Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for government continuity candidate Claudia Sheinbaum, with challengers Xochitl Galvez and Jorge Alvarez Maynez trailing. Impacts Incumbent Andres Manuel Lopez Obrador would probably refuse to recognise a Galvez victory, potentially sparking a constitutional crisis. The four-month interregnum period will afford the election winner time to assess priorities. With the fiscal deficit potentially closing 2024 at 6% of GDP, grand economic plans may clash with the need for a radical adjustment.