Miguel de la Madrid in the context of "Carlos Salinas de Gortari"

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⭐ Core Definition: Miguel de la Madrid

Miguel de la Madrid Hurtado (Spanish pronunciation: [miˈɣel de la maˈðɾið uɾˈtaðo]; 12 December 1934 – 1 April 2012) was a Mexican politician and lawyer affiliated with the Institutional Revolutionary Party (PRI) who served as the 59th president of Mexico from 1982 to 1988.

Inheriting a severe economic and financial crisis from his predecessor José López Portillo as a result of the international drop in oil prices and a crippling external debt on which Mexico had defaulted months before he took office, De la Madrid introduced sweeping neoliberal policies to overcome the crisis, beginning an era of market-oriented presidents in Mexico, along with austerity measures involving deep cuts in public spending. In spite of these reforms, De la Madrid's administration continued to be plagued by negative economic growth and inflation for the rest of his term, while the social effects of the austerity measures were particularly harsh on the lower and middle classes, with real wages falling to half of what they were in 1978 and with a sharp rise in unemployment and in the informal economy by the end of his term.

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👉 Miguel de la Madrid in the context of Carlos Salinas de Gortari

Carlos Salinas de Gortari (Spanish pronunciation: [ˈkaɾlos saˈlinas ðe ɣoɾˈtaɾi]; born 3 April 1948) is a Mexican economist, historian and former politician who served as the 60th president of Mexico from 1988 to 1994. He is considered the frontman of Mexican Neoliberalism, responsible for formulating, promoting, signing and implementing the North American Free Trade Agreement. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he worked in the Secretariat of Programming and Budget, eventually becoming Secretary. He secured the party's nomination for the 1988 general election and was elected amid widespread accusations of electoral fraud.

An economist, Salinas de Gortari was the first Mexican president since 1946 who was not a law graduate. His presidency was characterized by the entrenchment of the neoliberal, free trade economic policies initiated by his predecessor Miguel de la Madrid in observance of the Washington Consensus, mass privatizations of state-run companies and the reprivatization of the banks, Mexico's entry into NAFTA, negotiations with the right-wing opposition party PAN to recognize their victories in state and local elections in exchange for supporting Salinas' policies, normalization of relations with the Catholic clergy, and the adoption of a new currency. From the beginning of his administration, Salinas de Gortari was criticized by the Mexican left, who considered him an illegitimate president whose neoliberal policies led to higher unemployment and were perceived as giving away the wealth of the nation to foreign ownership, whereas he was praised by the right wing and the international community, who considered him a leading figure of globalization and credited him with modernizing the country. Salinas was also backed by the United States government in his bid for Director-General of the newly created World Trade Organization (WTO).

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Miguel de la Madrid in the context of National Institute of Statistics and Geography

The National Institute of Statistics and Geography (INEGI from its former name in Spanish: Instituto Nacional de Estadística, Geografía e Informática) is an autonomous agency of the Mexican Government dedicated to coordinate the National System of Statistical and Geographical Information of the country. It was created on January 25, 1983, by presidential decree of Miguel de la Madrid.

It is the institution responsible for conducting the Censo General de Población y Vivienda every ten years; as well as the economic census every five years and the agricultural, livestock and forestry census of the country. The job of gathering statistical information of the Institute includes the monthly gross domestic product, consumer trust surveys and proportion of commercial samples; employment and occupation statistics, domestic and couple violence; as well as many other jobs that are the basis of studies and projections to other governmental institutions.

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