Carlos Salinas de Gortari
Carlos Salinas de Gortari (; born 3 April 1948) is a Mexican economist and politician affiliated with the Institutional Revolutionary Party (PRI) who served as President of Mexico from 1988 to 1994. He is widely regarded as the most influential politician in Mexico over the last 30 years. Earlier in his career he worked in the Budget Secretariat eventually becoming Secretary. He was the PRI presidential candidate in 1988, and was declared elected on 6 July 1988 after a controversial electoral process and accusations of electoral fraud.
Economic history of Mexico
Under President Carlos Salinas de Gortari Mexico campaigned to join the North American Free Trade Agreement with the expanded treaty going into effect in Mexico, the U.S., and Canada on January 1, 1994. Mexico implemented neoliberal economic policies and changed significant articles of the Mexican Constitution of 1917 to ensure private property rights against future nationalization. In the twenty-first century, Mexico has strengthened its trade ties with China, but Chinese investment projects in Mexico have hit roadblocks in 2014–15. Mexico's continued dependence on oil revenues has had a deleterious impact when oil prices drop, as is happening 2014–15.