Word: gortari
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Dates: during 1990-1999
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Mexico, like most other Latin American countries, went through a deep economic crisis in the 1980s. Since 1986 and especially when President Carlos Salinas de Gortari took office at the end of 1988, Mexico has implemented drastic and sometimes painful economic reforms: Since 1988, Mexico has cut the maximum tariff rate from 100 percent to 20 percent. It has exceeded its GATT commitment on tariff reduction, cutting the average trade-weighted tariff from over 25 percent in the mid-1980s to 4 percent...
...Mexico defeat of NAFTA could provoke an anti-gringo backlash that would severely hamper President Carlos Salinas de Gortari's efforts to open up its markets and move toward fuller democracy. C. Richard Neu, the CIA's National Intelligence Officer for Economics, has told Congress that a NAFTA defeat "would be widely seen in Mexico not just as a U.S. repudiation of NAFTA but as a rejection of Mexico itself," with severe damage to U.S.-Mexican relations in many areas...
Perot's distrust of Mexican President Carlos Salinas de Gortari's promise to increase wages in Mexico also betrays his belief in Mexican corruption. He regularly points out that Mexican workers earn one-seventh what U.S. laborers make. But he dismisses President Salinas' commitment to raise the minimum wage as Mexican productivity increases, suggesting that Salinas is corrupt and untrustworthy...
...only a short while ago that the U.S. was cooing over Mexican President Carlos Salinas de Gortari's overture for the agreement. Mexico had been better known for experiments with import-substitution and "Yanqui Go Home!" than for a belief in comparative advantage and free trade. The idea that American ideals were finally winning adherents south of the border was gratifying and flattering...
Mexico's president, Carlos Salinas de Gortari is trying desperately to enhance his country's international profile. Seeking to deliver credibility and to make Mexico an attractive place for investors, Salinas is working to create political stability...