The Welfare Bank: a bank for the Mexican government's social policy

Abstract

The article explains the characteristics and the role played by the Banco del Bienestar in Mexico as an instrument of the social policy of the government of Andrés Manuel López Obrador and focuses on the role and characteristics of the Banco del Bienestar without pretending to make an evaluation of this government. It addresses the origin of the Bank, its organic law, the functions, and services it offers, more specifically, in its broad task of distributing the government's social support. As background, it is discussed why it is considered that this delivery of money to the population is not the institutionalization of populism, but rather that it makes real rights that were or became constitutional.