The real costs of a barrier wall between the U.S. and Mexico
Trade, security, and the U.S.-Mexico relationship
A conversation with Agustín Carstens, governor of the Bank of Mexico
"The military is bound by the Posse Comitatus Act, a 19th- century federal law that restricts participation in law enforcement activities. Unless Congress specifically authorizes it, military personnel can’t have direct contact with civilians, including immigrants."
"You have to play the long game. It’s fine to add money, but when the commitment is volatile and your funding goes up and down constantly, you can end up creating more harm than good."
"We have been in Central America for a long time. It’s not just money that has made us effective in the region — there is a lot of hard-earned experience, trial and error, and institution building that is slowly reaping results. The worst thing that could happen now is to go back to zero."
"Cutting aid to Central American countries would be a mistake, since U.S. aid dollars fund programs that reduce violence, strengthen the justice system, and encourage investment that make them more attractive places for their citizens."
"What I suspect matters most for firms considering investing in Mexico is stable, predictable, comprehensive access to the North American market, more so than the right to bring [investor-state dispute settlement] cases."