Word: mexicans
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Dates: during 1980-1989
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...living through is truly grave. This comes about because we have structural imbalances in our economy that we must correct. There is a critical lack of internal savings, also an imbalance in our balance of payments. Another structural imbalance is the lack of efficiency of large sectors of the Mexican productive system. This is all reflected in our society in a very serious social inequality...
...believe that the rate of growth of the Mexican foreign debt has been excessive. We need to resort a great deal less to foreign indebtedness...
...Mexican-U.S. relationship changing as a result of Mexico's economic problems...
...Institutional Revolutionary Party (P.R.I.), which has been the controlling force in Mexican politics for half a century, is anything but revolutionary. Nor is it a party in the sense generally understood in Western democracies. But the P.R.I, is an institution: since its organization in 1929, it has not lost a single presidential election. The President, the most influential man in the party, rules Mexico like a virtual monarch for six years. Then, after consulting with a few powerbrokers, he designates his heir. In a blitzkrieg campaign, the successor is paraded before the voters, who give him an overwhelming victory. Says...
Mexico's durable one-party system emerged from the fratricidal Revolution of 1910, which toppled the 34-year rule of Dictator Porfirio Diaz. In the ensuing ten years, more than 1 million Mexicans died as one faction after another tried to wrest control of the country. Finally, to put an end to the bloodletting, outgoing President Plutarco Elias Calles founded what later became the P.R.I, as a coalition of military leaders, landholders and workers dedicated to the reforms called for in a constitution that had been drawn up in 1917 but was never respected. The party promised economic equality...