Carlos Salinas' economic policies

Carlos Salinas' economic policies focused on modernization and integrating Mexico into the global economy. He pushed for free trade, notably negotiating NAFTA with the US and Canada, to boost exports and attract foreign investment. He privatized state industries to increase efficiency and reduce government control, aiming for faster economic growth. Salinas also implemented fiscal reforms to stabilize the economy, controlling inflation and encouraging investment. His policies aimed to open markets, encourage competition, and modernize Mexico’s economy, but also faced criticism for increasing inequality and benefiting elites. Overall, his tenure marked a shift toward neoliberal economic principles.