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Concept
Carlos Salinas de Gortari
Summary
Carlos Salinas de Gortari CYC DMN (ˈkaɾlos saˈlinas ðe ɣoɾˈtaɾi; born 3 April 1948) is a Mexican economist and politician who served as 60th president of Mexico from 1988 to 1994. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he worked in the Secretariat of Programming and Budget, eventually becoming Secretary. He secured the party's nomination for the 1988 general election and was elected amid widespread accusations of electoral fraud.
An economist, Salinas de Gortari was the first Mexican president since 1946 who was not a law graduate. His presidency was characterized by the entrenchment of the neoliberal, free trade economic policies initiated by his predecessor Miguel de la Madrid in observance of the Washington Consensus, mass privatizations of state-run companies and the reprivatization of the banks, Mexico's entry into NAFTA, negotiations with the right-wing opposition party PAN to recognize their victories in state and local elections in exchange for supporting Salinas' policies, normalization of relations with the Catholic clergy, and the adoption of a new currency. From the beginning of his administration, Salinas de Gortari was criticized by the Mexican left, who considered him an illegitimate president whose neoliberal policies led to higher unemployment and were perceived as giving away the wealth of the nation to foreign ownership. At the same time, during his first five years in office, Salinas was praised by the right wing and the international community as a leading figure of globalization and credited him with modernizing the country. Salinas was also backed by the United States government in his bid for Director-General of the newly created World Trade Organization (WTO).
After years of economic recovery during his presidency, a series of mismanagement and corruption scandals during his last year in office crumbled his public image domestically and internationally.
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