Mexico 1994


Book Description

The authors are uniquely positioned to provide valuable insights on both the Mexican crisis and the metamorphosis in the nature of financial debacles.




Mexico and the Spanish Conquest


Book Description

What role did indigenous peoples play in the Spanish conquest of Mexico? Ross Hassig explores this question in Mexico and the Spanish Conquest by incorporating primary accounts from the Indians of Mexico and revisiting the events of the conquest against the backdrop of the Aztec empire, the culture and politics of Mesoamerica, and the military dynamics of both sides. He analyzes the weapons, tactics, and strategies employed by both the Indians and the Spaniards, and concludes that the conquest was less a Spanish victory than it was a victory of Indians over other Indians, which the Spaniards were able to exploit to their own advantage. In this second edition of his classic work, Hassig incorporates new research in the same concise manner that made the original edition so popular and provides further explanations of the actions and motivations of Cortés, Moteuczoma, and other key figures. He also explores their impact on larger events and examines in greater detail Spanish military tactics and strategies.




The Mexican Peso Crisis


Book Description

This paper examines credibility and reputational factors in explaining the December 1994 crisis of the Mexican peso. After reviewing events leading to the crisis, a model emphasizing the inflation-competitiveness trade-off is presented to explain the formation of devaluation expectations. Estimation results indicate that investors appear to have seriously underestimated the risk of devaluation, despite early warning signals. The collapse of confidence that followed the December 20 devaluation may have been the result of a shift in the perceived commitment of the authorities to exchange rate stability.




Democracy Within Reason


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Judicial Politics in Mexico


Book Description

After more than seventy years of uninterrupted authoritarian government headed by the Partido Revolucionario Institucional (PRI), Mexico formally began the transition to democracy in 2000. Unlike most other new democracies in Latin America, no special Constitutional Court was set up, nor was there any designated bench of the Supreme Court for constitutional adjudication. Instead, the judiciary saw its powers expand incrementally. Under this new context inevitable questions emerged: How have the justices interpreted the constitution? What is the relation of the court with the other political institutions? How much autonomy do justices display in their decisions? Has the court considered the necessary adjustments to face the challenges of democracy? It has become essential in studying the new role of the Supreme Court to obtain a more accurate and detailed diagnosis of the performances of its justices in this new political environment. Through critical review of relevant debates and using original data sets to empirically analyze the way justices voted on the three main means of constitutional control from 2000 through 2011, leading legal scholars provide a thoughtful and much needed new interpretation of the role the judiciary plays in a country’s transition to democracy This book is designed for graduate courses in law and courts, judicial politics, comparative judicial politics, Latin American institutions, and transitions to democracy. This book will equip scholars and students with the knowledge required to understand the importance of the independence of the judiciary in the transition to democracy.




Self-Defense in Mexico


Book Description

In Mexico and across other parts of Latin America local Indigenous peoples have built community policing groups as a means of protection where the state has limited control over, and even complicity in, crime and violence. Luis Hernandez Navarro, a leading Mexican journalist, offers a riveting investigation of these armed self-defense groups that sprang up around the time of the 1994 Zapatista uprising in Chiapas. Available in English for the first time, the book spotlights the intense precarity of everyday life in parts of Mexico. Hernandez Navarro shows how the self-defense response, which now includes wealthier rancher and farmer groups, is being transformed by Mexico's expanding role in the multibillion dollar global drug trade, by foreign corporations' extraction of raw minerals in traditionally Indigenous lands, and by the resulting social changes in local communities. But as Hernandez Navarro acknowledges, self-defense is highly controversial. Community policing may provide citizens with increased agency, but for government officials it can be a dangerous threat to the status quo. Leftists and liberals are wary of how the groups may be linked to paramilitary forces and vulnerable to manipulation by drug traffickers and the government alike. This book answers the urgent call to understand the dangerous complexities of government failures and popular solutions.




Organizing Dissent


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Mexico in Crisis


Book Description

This study examines the development of the crisis in Mexico, with the primary focus on the 6-year term of President Carlos Salinas de Gortari and the first few months of his successor, President Ernesto Zedillo Ponce de León. It poses the question of how a country with such seemingly bright prospects as Mexico in the wake of the North American Free Trade Agreement (NAFTA) approval by the U.S. Congress could so quickly plunge into crisis. The answer is that these problems had been festering for some time. By 1994, a combination of factors-including recurrent economic crises, a failure to introduce meaningful political reforms, the social devastation wrought by neoliberal economic policies, continuing corruption and mismanagement by Mexican political and economic elites, human rights violations, and the growing power of narcotraffickers-was sufficient to destabilize what had long been considered one of the most stable countries in Latin America. The prospects for the future are mixed, at best. While some substantive political, judicial and police reforms have been belatedly made, serious doubts remain as to how far President Zedillo will be willing/able to go in challenging the power and perquisites of the traditional government/Partido Revolucionario Institucional (PRI) elite and the narcotraffickers. A major threat to these elements would probably in itself be destabilizing; it could also be personally dangerous for Zedillo at a time when political assassinations are becoming increasingly commonplace. Moreover, corruption and inefficiency are so ingrained in the political institutions and practices at all levels of Mexican society that nothing short of a wholesale cultural revolution seems likely to solve the basic problem. Such fundamental changes in values are notoriously difficult to carry out and would take years, indeed decades, to accomplish. Thus, while the economy may pick up in a year or two and significant advances in democratization may occur, political violence and social turmoil will continue, at least in the short-to-medium run. In turn, this will pose serious problems for the United States, especially in the areas of illegal immigration, narcotrafficking, and all the costs and dangers they pose for American society.




Democracy in Mexico


Book Description

Placing this book in the context of NAFTA and Mexican movements for social change, journalist and historian Dan La Botz unveils the forces behind Marcos and the Zapatista Rebellion of January 1994 and re-examines the circumstances surrounding the assasination of presidential candidate Luis Donaldo Colosio. Contains a detailed analysis of how Ernesto Zedillo and the PRI won the August 21, 1994 elections and includes an examination of widespread electoral fraud. La Botz provides a first-hand account of the founding of National Democratic Converntion (CND), the new force for democracy and social justice in Mexico led by Rosario Ibarra. Ibarra is Mexico's leading human rights activist and first woman presidential candidate.