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In the early 1980s, Mexico faced a significant economic crisis marked by high inflation, a devalued peso, and mounting foreign debt. The country was forced to implement austerity measures and seek financial assistance from international organizations like the International Monetary Fund (IMF). These measures included cuts to public spending and structural reforms aimed at stabilizing the economy and restoring investor confidence. The crisis had long-lasting effects on Mexico's economy and social fabric, leading to increased poverty and inequality.

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