0
During Mexico's financial crisis when the government was deeply in debt and unemployment and prices were high who became president?
Wiki User
∙ 13y ago
Miguel de la Madrid Hurtado
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is Mexicos Economy in Latin America?
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
How stable is mexicos economy?
Right now Mexico's economy has fallen victim to the world economic slump that has affected most countries. Also, because of the swine flu scare of early April-May of this year, Mexico City (the country's most important city, with nearly 30% of the GDP share) was shut down for nearly a month.However, the economy has been more or less stable than most Latin American nations.
How has mexicos economy changed in the last three decades?
Competitiveness: Competing against the BRIC bloc (Brazil, Russia, India, China) for economic opportunities, markets and foreign investment from developed countries.Economy: World economic bust compounded with a swine flu (H1N1) scare is keeping a depressed economy: the high dependence on America as receiver of Mexican exports as well as source of international tourists have impacted negatively on the Mexican economy to astonishing levels (-7% of growth during 2009).Poverty: Although Mexico is a world leader in hunger reduction, there is still a 5% of children under 5 suffering with malnutrition; according to the United Nations Development Programme, 17.6% of Mexicans (19.7 million for 2009) are below the poverty line.
How does the price of oil affect mexicos economy?
ECONOMYMexico is highly dependent on exports to the U.S., which represent more than a quarter of the country's GDP. The result is that the Mexican economy is strongly linked to the U.S. business cycle, and has suffered from the economic slowdown in the United States. Real GDP grew by 4.8% in 2006, 3.3% in 2007, and 1.4% in 2008, but government officials expect the economy to contract by up to 5% in 2009.Mexico's trade regime is among the most open in the world, with free trade agreements with the U.S., Canada, the EU, and many other countries (44 total). Since the 1994 devaluation of the peso, successive Mexican governments have improved the country's macroeconomic fundamentals. Inflation and public sector deficits are under control, while the current account balance and public debt profile have improved. As of October 2008, Moody's, Standard & Poor's, and Fitch Ratings had all issued investment-grade ratings for Mexico's sovereign debt.
What is mexicos goernment leader?
The Mexican president, who acts both as head of state as well as head of government.
Which of President Cardenas's policies most affected Mexicos economy?
novanet answer:: He brought Mexico's oil reserves under government control.
What countries have a unitary government?
what powers does mexicos congress have
How has mexicos government changed since 2000?
yes or no
Who is New Mexicos Lt government?
the lt goveenner is Diane denish
Who was mexicos president during the alimo?
Antonio Lopez de Santa Anna
What do mexicos people vote about?
President, governors, federal, state and municipal congress.
Can mexicos president be impeached?
No. He can only have one, six-year term.
LWho is Mexicos queen?
None. Mexico is a federal republic with a president as executive power.
What titles are mexicos leader given?
President. He/she is also supreme commander of the armed forces.
Did carlos salinas de gortari decide to have the Mexican government take control of mexicos oil industry?
False, that happened during the administration of president Lazaro Cardenas (term: 1934 - 1940).
Where does Mexicos president reside at?
Los Pinos, right next to the park and forest of Chapultepec in Mexico City.
