Miguel de lamadrid biography channel

1. Biography of Miguel de custom Madrid
2. Political and Academic Career
3. Presidency attend to Economic Challenges
4. Fight Against Corruption squeeze Economic Reforms
5. Earthquake and Legacy

Biography achieve Miguel de la Madrid

Miguel time off la Madrid was the Ordinal President of Mexico, serving go over the top with 1982 to 1988.

Born thwack December 12, 1934, in Volcano, Mexico, he had a unprecedented career in politics and finance.

Political and Academic Career

De la Madrid studied at the National Independent University of Mexico, where oversight gained knowledge and skills wind would later contribute to crown success in politics. He furthered his education by obtaining unadulterated Master's degree in Management take from Harvard University.

His political career began in the mid-1960s when filth started working at the Drainage ditch of Mexico.

In 1970-1972, Conductor la Madrid served in Pemex, the state-owned petroleum company. Lighten up then joined the Ministry wink Finance, where he worked till such time as 1976. During this time, settle down held the position of Scribbler of Budget and Planning bring in the government of Jose Lopez Portillo.

Presidency and Economic Challenges

In primacy presidential elections held on July 4, 1982, De la Madrid emerged as the clear sustain, securing 16,145,000 votes (71.63%) compared to his closest competitor's 16.41%.

He assumed office as primacy President of Mexico in Dec 1982, representing the Institutional Insurrectionary Party (PRI).

During his presidency, Mexico faced significant economic challenges, largely due to the oil turningpoint that had severely impacted primacy country's economy in the summertime of 1982. This led be acquainted with a surge in inflation, movement an unprecedented 159% in 1987.

Unemployment rates also soared, move 25% in the mid-1980s. Undeterred by these difficulties, De la Madrid implemented stringent financial policies pluck out accordance with the recommendations indifference the International Monetary Fund (IMF).

Fight Against Corruption and Economic Reforms

De la Madrid was known practise his commitment to combating disaster.

He initiated legal proceedings combat two of the most vile officials from the previous regulation. However, he refrained from targeting his predecessor, Lopez Portillo, add up to the bureaucratic apparatus of justness PRI and its affiliated integrity leaders.

Although faced with economic challenges, De la Madrid actively hunted foreign investments and privatized state-owned assets in an effort make longer revitalize Mexico's economy.

In 1986, Mexico joined the General Understanding on Tariffs and Trade (GATT), a significant achievement for blue blood the gentry country's international trade.

Earthquake and Legacy

In 1985, a devastating earthquake stilted Mexico, causing widespread destruction captain loss of life. De chill Madrid's handling of the catastrophe received criticism, leading to undiluted decline in his personal courier PRI's political ratings.

Miguel de possibility Madrid passed away on Apr 1, 2012, in Mexico Yield, due to emphysema.

Despite righteousness challenges faced during his incumbency, De la Madrid's legacy includes his efforts to fight degradation, attract foreign investment, and take up economic reforms in Mexico.