scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,661
During the 1980s Mexico pursued an assertive hemispheric policy In 1982 Miguel de la Madrid Hurtado was elected to succeed President Lopez Portillo By the mid-1980s a swift increase in foreign coupled with falling oil prices had plunged the country into severe financial straits Amid reports of widespread irregularities the PRI Partido Revolucionario Institucional which is the largest and most important political party in Mexico claimed victory in congressional elections in 1985 However in that same year the added burden of a devastating earthquake which killed seven thousand kept Mexicos financial systems desolate Carlos Salinas De Gortari the PRI candidate was elected president in 1988 Another thing that happened was Hurricane Gilbert devastated the Yucatan Peninsula and severely damaged the southern most parts of Texas The overall damage estimate was about eight hundred and eighty million In 1992 there was a constitutional change that abolished restrictions imposed on the Catholic Church in 1917 In December President Salinas United States President Bush and Prime Minister Mulroney of Canada signed the North American Free Trade Agreement or better as NAFTA The Mexican Legislature ratified it in 1993 and the treaty went into affect on January 1 1994 This created the largest free trade zone in the world By 1993 the Mexican Government had sold eighty percent of its industries to private investors for about twenty-one billion and had reduced inflation from one hundred and fifty percent to ten percent The 1994 elections were damaged by tragedy In March the PRI presidential candidate Luis Donaldo Colosio Murrieta was assassinated while campaigning in Tijuana He was replaced by his campaign manager Ernesto Zedillo Ponce De Leon who won the election in august On December 1 1994 Zedillo was sworn in as Mexicos President A crisis soon followed the election The lack of confidence in the peso caused withdraws from foreign investors After Mexico accepted a loan package of fifty-two billion The Zedillo administration faced a number of economic problems
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA