THE DEMISE OF THE REVOLUTION

THE DEMISE OF THE REVOLUTION - THE DEMISE OF THE REVOLUTION...

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THE DEMISE OF THE REVOLUTION Osvaldo Jordan November 12, 2009
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THE END OF THE MIRACLE After the Tlatelolco Massacre, the PRI never recovered its previous level of popular support. Although the Mexican economy boomed during the 1970s, especially after the oil crises, the Lost Decade brought about complete economic collapse. In 1982, Mexico was the first country in Latin American to default on its foreign debt. During the next decades, technocrats implemented Structural Adjustment, including the privatization of state-owned enterprises and the negotiation of the North American Free Trade Agreement (NAFTA).
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THE 1988 ELECTIONS The PRI-candidate, Carlos Salinas de Gortari, fought against the son of Lazaro Cardenas, Cuauhtémoc Cardenas, who was leading a dissident faction of PRI that had formed the Partido de la Revolucion Democratica (PRD). Today, most analysts consider that Cardenas won the 1988 elections. Salinas de Gortari presided over a most corrupt
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This note was uploaded on 07/19/2010 for the course CPO 3300 taught by Professor Jc during the Spring '10 term at University of Florida.

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THE DEMISE OF THE REVOLUTION - THE DEMISE OF THE REVOLUTION...

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