Mexican Economic and Fiscal Policies to Sustain Political Stability

During the 1980s, Mexico was in a state of crisis. Its economic prosperity collapsed in 1982, and its political system almost self-destructed in 1988. Yet by 1994, the economy was once again growing and the party that had ruled the country since 1929 appeared poised to win the national election of August 1994, despite the traumatic assassination of the ruling party candidate for president. How did the Mexican regime do it? This article examines the role of economic policies in restoring the fortunes of the Mexican regime.