Salinas de Gortari administration

The Salinas de Gortari administration, led by Carlos Salinas de Gortari as President of Mexico from 1988 to 1994, focused on economic modernization and liberalization. He implemented significant reforms, including the privatization of state-owned companies and trade liberalization through the North American Free Trade Agreement (NAFTA). While his policies aimed to boost the economy, they also led to growing income inequality and social unrest. His tenure was marked by controversy, including allegations of electoral fraud and corruption, culminating in a major economic crisis in 1994, which posed challenges for his successors and the country’s stability.