Word: mexicanization
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Dates: during 1980-1989
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...than before. The people with decision-making powers in the U.S. still do not understand the gravity of the problems Mexico is facing. I do not think there is a real appreciation in the U.S. yet for what the tremendous drop in the standard of living of the Mexican people really means, what the drop in government spending on education, on health, on infrastructure really means for the country and the people. I do not think the U.S. understands how close Mexico is to the brink...
...response to austerity measures)). I don't think this is likely. But it's not something you can discard entirely. There is a limit to how much people can take. That limit is being approached now, too quickly. I know for a fact, and I think every Mexican knows, that an explosion in Mexico would make the Caracas riots look like child's play...
...clear that more democracy in Mexico does not mean a Mexico moving to the right but a Mexico moving to the left. There is a deep nationalism and a sense of social justice among Mexican people that Cardenas has identified with in a very mystical and mysterious way. He has become a symbol in a nation that has the most flagrant inequalities and injustices of any nation in Latin America, if not in the entire Third World. We are not the poorest country, but we are the most unequal. Cardenas has become a symbol of the desire for equality...
...selling inefficient state enterprises. Still, the economy is stagnant. No wonder. The equivalent of about $13 billion a year that might otherwise go to internal investment or the purchase of imports is being siphoned off to service Mexico's nearly $100 billion debt. Under quiet prodding from Washington, the Mexican government and a consortium of international banks have been negotiating an agreement to ease the terms of repayment. Next in line for debt relief are three other democracies whose future growth could be in jeopardy: Venezuela, the Philippines and Costa Rica...
...Ruffo victory is nevertheless regarded as a crucial turning point for the seven-month-old presidency of Carlos Salinas de Gortari and a watershed in Mexican politics. Salinas, who took office amid charges that he was elected by fraud, vowed that "opposition victories will be respected." He has led a forceful campaign against corruption by arresting powerful drug lords, businessmen and labor leaders. Yet he is still perceived as someone elected by and for the Establishment. The P.R.I.'s acceptance of defeat in Baja is considered a critical test of Salinas' ability -- and desire -- to enforce reform within...