Word: gortari
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Dates: during 1990-1999
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...Beltran Nogales, Mexico There is now a universal awareness of Mexico's political and economic drama. Unrestrained plundering and conspicuous political corruption can no longer be the order of the day. But aren't all of us Mexicans sadly united by mounting rage? The former President, Carlos Salinas de Gortari, and our new President, Ernesto Zedillo Ponce de Leon, owe every kind of satisfaction to our country. It is their national duty to face the people and make clear to Mexicans and the nations of the world why and how our country has fallen into crisis...
Mexico's economy was proceeding smoothly, guided by former President Carlos Salinas de Gortari, when the country collided with the insurgency of its campesinos and, like the Titanic, began to sink [Mexico, Jan. 9]. New President Ernesto Zedillo Ponce de Leon has inherited a sinking ship, and he is not sure what steps to take to keep Mexico afloat. Foreigners like to invest in a country where there are prospects of a good return and the political scene is calm and controlled. But at the first sign of civil unrest, the investments will stop and moneys will be pulled...
...dirty word to foreign investors, who left it to starve for development capital. Rebuilding credibility required a long stretch of austerity and the sale of inefficient state operations like banks and telephone companies, measures begun by President Miguel de la Madrid and continued by his successor, Carlos Salinas de Gortari. Salinas got foreign-debt payments down to a fraction of the annual budget and performed the ultimate miracle of lowering Mexico's inflation rate from 157% to less than 10% by last year. By 1989 the gross domestic product was growing again in per capita terms. A debt-reduction agreement...
...Latin American figures such as Argentina's Minister of Economy, Public Works and Service, Domingo Cavallo, and former Mexican president Carlos Salinas de Gortari are Harvard graduates. They've embraced, and with a degree of success implemented, liberalization and the discipline imposed by its corollaries...
...election was in large measure a referendum on the P.R.I.'s new claims to political trustworthiness and the economic policies put in place by outgoing President Carlos Salinas de Gortari -- most notably the North American Free Trade Agreement (NAFTA), which went into effect Jan. 1. Many experts had been predicting that Zedillo, the unassuming technocrat plucked from obscurity after the party's first choice was assassinated in March, would win with less than half the votes and that the restive electorate would send large numbers of opposition members to Congress. The voters disproved those forecasts and gave the P.R.I. sizable...