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Mexico Introduction 2009
https://geographic.org/wfb2009/mexico/mexico_introduction.html
SOURCE: 2009 CIA WORLD FACTBOOK

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Mexico Introduction 2009
SOURCE: 2009 CIA WORLD FACTBOOK


Background:
The site of advanced Amerindian civilizations, Mexico came under Spanish rule for three centuries before achieving independence early in the 19th century. A devaluation of the peso in late 1994 threw Mexico into economic turmoil, triggering the worst recession in over half a century. The nation had been making an impressive recovery until the global financial crisis hit in late 2008. Ongoing economic and social concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution, and few advancement opportunities for the largely Amerindian population in the impoverished southern states. The elections held in 2000 marked the first time since the 1910 Mexican Revolution that an opposition candidate - Vicente FOX of the National Action Party (PAN) - defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON. In January 2009, Mexico assumed a nonpermanent seat on the UN Security Council for the 2009-10 term.


NOTE: The information regarding Mexico on this page is re-published from the 2009 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Mexico Introduction 2009 information contained here. All suggestions for corrections of any errors about Mexico Introduction 2009 should be addressed to the CIA.






This page was last modified 10-Jun-09
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