If Narendra Modi, India’s prime minister, seeks an example of a democratically elected leader embarked on radical reform, he could look to Enrique Peña Nieto. True, the latter is president of a far- smaller country, and a richer one – Mexico’s average standard of living is double India’s, although poor economic performance in recent decades has narrowed the gap substantially. The two countries’ leaders confront related challenges. Both need to generate market-oriented growth in economies that show a huge gulf between a high-productivity formal sector and a low-productivity informal one. Mr Peña Nieto has embarked on bold reforms. Is his the model to be followed?
如果印度總理納倫德拉•莫迪(Narendra Modi)試圖尋找民選領導人啓動根本性改革的榜樣，他不妨看看恩里克•培尼亞•涅託(Enrique Peña Nieto，墨西哥現任總統)。誠然，後者是一個小得多、但更富裕國家的總統——儘管近幾十年來的糟糕經濟表現大大縮小了兩國間的差距，但墨西哥的平均生活水準仍兩倍於印度。兩國領導人面臨類似的挑戰。兩個國家都必須在一個高生產率的正規部門和低生產率的非正規部門差距巨大的經濟體中，實現以市場爲導向的經濟成長。培尼亞•涅託開展了大膽的改革，他的改革模式值得效仿嗎？