sentences:  In addition, a series of economic crises beginning in the 70s drastically lowered the living standards of the population.Throughout its nine-decade existence, the party has adopted a very wide array of ideologies (often determined by the President of the Republic in turn).In the 1980s, the party went through reforms that shaped its current incarnation, with policies characterized as centre-right such as the privatization of state-run companies, closer relations with the Catholic Church and embracing free-market capitalism.