They warn of damage to investments and jobs

by times news cr

Loss of investments and consequently job lossas well as a more judiciary saturated, weakened y less efficient, These are the main consequences that the reform will cause Judiciary considered researchers of the National Autonomous University of Mexico (UNAM) and the University of Guadalajara (UDG).

He researcher from the Legal Research Institute of UNAM, Javier Martin Reyesconsidered that the judicial reform will leave systems “much less independent than they are, judicial powers weakened in their faculties and at the same time politically captured by Morena and its allies.”

In light of this, he pointed out that the consequences of all kinds can be “brutal.” He stressed that in economic matters it is not no coincidence that markets and investors are so worried.

“Today we have justice systems that are already saturated, I think that this saturation could increase, could reach the judicial powers people who do not even have the most basic and essential knowledge to perform the function and I do believe that we are at risk of an already saturated system becoming even slower and providing a poor service,” he said in an interview with 24 HOURS.

In this regard, Dr. Héctor Iván Del Toro Ríos, professor of the Department of Economics of the University Center for Economic and Administrative Sciences, CUCEA-UDGstated that given the legal uncertainty of the reform, investors will have no guarantee and therefore will begin to cut staff or will no longer create jobs.

“We are going to have layoffs, these layoffs can lead to a different problem such as insecurity and it can also have a very important economic factor that affects both the government factors as citizens who have a living condition in this country.”

He said that foreign direct investment seeks to arrive with economic and favorable guarantees such as good rent prices or some incentives such as a decrease in the price of telephone, electricity, water “and then, this type of reform, let’s say warnings for foreign investors is that the reform brings with it a weakening of the international credibility that it has. Mexico in the international environment.”

The economic specialist assured this newspaper that the reform could “undermine investor confidence and encourage the outflow of international capital that is focused on our country,” because the reform “could politicize the judicial system.”

2024-09-24 18:16:25

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