Submitted by Project Syndicate on September 15, 2006 - 7:52pm.
"The point is not that public confidence (or lack thereof) in an election outcome doesn’t matter. It does. But the broader picture – whether, as in Mexico, a country is able to continue to go about its business as its political institutions sort out the mess – matters far more. Unlike in Ukraine, investors have shrugged off the noisy demonstrations in Mexico City’s streets and remained focused on interest rates and fluctuations in the global economy. This suggests that governing principles and sturdy political institutions, not powerful individuals, have become the bedrock of Mexican governance. " Ian Bremmer
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