PHASE OF EXHAUSTION AND CRISIS (jan 1, 1970 – jan 1, 1988)
Description:
President Luis Echeverría proposed an strategy for economic development in Mexico called "desarrollo compartido", though it didn't work because of the increase in taxes and other factors that happened during the presidency of Richard Nixon, whih lead to a higher economic debt and de devaluation of the peso.
Added to timeline:
Development of Capitalism in Mexico
Date:
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