This is the Cato Daily Podcast for Tuesday, July 3rd, 2018. I'm Keilab Brown.

Andres Manuel Lopez-Obrador will become the next president of Mexico.

How important is it that he will be the first leftist populist president in decades?

Ian Vasquez directs the Cato Institute's Center for Global Liberty and Prosperity.

We discussed what Lopez-Obrdore's victory means for the drug war, trade, and relations with the

U.S.

Andre's Manuel Lopez-Obrador, this is the third time he's run for president.

What was different this time?

Mexicans have just gotten fed up with a system, a system that even though over the course of the last several decades has actually

transformed the country into a much better country, a much more modern place where

there has been a growth of the middle class where they have been real advances.

Poverty has come down despite some of the official figures.

There's more access to safe drinking wire. By every

measure, Mexico has advanced notably, but parts of Mexico have not. Growth rates in many years have been low in recent years below 1.5%. Crime and violence

have been extremely high and they've started to go up again.

In May, the murder rate reached another record.

Just since the drug war really started with the previous president, 120,000 Mexicans have been

killed because of the drug war.

There's been corruption at astronomical levels in Mexico.

At least 10 governors have been arrested or implicated in corruption.

Some of them are on the run.

And the corruption scandals have reached the president's office.

...