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Mexican Economic and Fiscal Policies to Sustain Political Stability
Author(s) -
Cothran Dan A.
Publication year - 1994
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/1540-5850.01023
Subject(s) - prosperity , politics , state (computer science) , political stability , economics , economic stability , political economy , political science , economic policy , development economics , economic growth , keynesian economics , law , algorithm , computer science
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.