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- La_Década_Perdida abstract "\"La Década Perdida\" (\"The Lost Decade\") is a designation to the financial period of crisis in Latin America during the 1980s (and for some well into the subsequent decade). Sometimes the term is used in exclusive reference to Mexico.After the petroleum boom previous to the government of Mexican president José López Portillo (from 1976 to 1982), Mexican government began to rely heavily on export barrels to support the financial needs in the country. These exports were mainly directed towards the United States, mainly due to the petroleum crisis of 1973, taking advantage of the high prices these barrels garnered.When the market finally settled, thus reducing the high prices per barrel, the financial stability of the country was endangered. Diversification of income would have prevented the problem, but due to the inability of other production sectors to make up for the reduced profit, Mexico had to inflate the currency to by then historic levels. The Mexican peso would then be devaluated by a 500%. Given these circumstances, López Portillo nationalized all financial institutions in 1982, during his last public address to the nation by saying: \"Defenderé el peso como un perro\" (\"I'll defend the peso like a dog\").During the next period, president Miguel de la Madrid tried to bring back foreign investment and new trade agreements, culminating with Mexico's admission to the General Agreement on Tariffs and Trade (GATT) on January 1986 and also his proposed \"Economic Solidarity Pact\" in 1987, which finally put inflation under control, which averaged 100% until that time.".
- La_Década_Perdida wikiPageID "3438176".
- La_Década_Perdida wikiPageLength "2023".
- La_Década_Perdida wikiPageOutDegree "16".
- La_Década_Perdida wikiPageRevisionID "639985802".
- La_Década_Perdida wikiPageWikiLink 1973_oil_crisis.
- La_Década_Perdida wikiPageWikiLink Category:1980s_economic_history.
- La_Década_Perdida wikiPageWikiLink Category:Economic_disasters.
- La_Década_Perdida wikiPageWikiLink Category:Economic_history_of_Mexico.
- La_Década_Perdida wikiPageWikiLink Crisis_of_1982.
- La_Década_Perdida wikiPageWikiLink General_Agreement_on_Tariffs_and_Trade.
- La_Década_Perdida wikiPageWikiLink Inflation.
- La_Década_Perdida wikiPageWikiLink José_López_Portillo.
- La_Década_Perdida wikiPageWikiLink Latin_America.
- La_Década_Perdida wikiPageWikiLink Latin_American_debt_crisis.
- La_Década_Perdida wikiPageWikiLink Mexican_peso.
- La_Década_Perdida wikiPageWikiLink Mexico.
- La_Década_Perdida wikiPageWikiLink Miguel_de_la_Madrid.
- La_Década_Perdida wikiPageWikiLink Petroleum.
- La_Década_Perdida wikiPageWikiLink Recession_shapes.
- La_Década_Perdida wikiPageWikiLink United_States.
- La_Década_Perdida wikiPageWikiLinkText "La Década Perdida".
- La_Década_Perdida wikiPageWikiLinkText "lost decade".
- La_Década_Perdida wikiPageWikiLinkText "the lost decade".
- La_Década_Perdida wikiPageUsesTemplate Template:Economics-stub.
- La_Década_Perdida wikiPageUsesTemplate Template:History_of_Mexico.
- La_Década_Perdida wikiPageUsesTemplate Template:Mexico-hist-stub.
- La_Década_Perdida wikiPageUsesTemplate Template:Unreferenced.
- La_Década_Perdida subject Category:1980s_economic_history.
- La_Década_Perdida subject Category:Economic_disasters.
- La_Década_Perdida subject Category:Economic_history_of_Mexico.
- La_Década_Perdida hypernym Designation.
- La_Década_Perdida type Place.
- La_Década_Perdida type Diacritic.
- La_Década_Perdida type Redirect.
- La_Década_Perdida comment "\"La Década Perdida\" (\"The Lost Decade\") is a designation to the financial period of crisis in Latin America during the 1980s (and for some well into the subsequent decade). Sometimes the term is used in exclusive reference to Mexico.After the petroleum boom previous to the government of Mexican president José López Portillo (from 1976 to 1982), Mexican government began to rely heavily on export barrels to support the financial needs in the country.".
- La_Década_Perdida label "La Década Perdida".
- La_Década_Perdida sameAs Q2811818.
- La_Década_Perdida sameAs Ztracená_dekáda.
- La_Década_Perdida sameAs Década_perdida_de_América_Latina.
- La_Década_Perdida sameAs 잃어버린_10년_(라틴_아메리카).
- La_Década_Perdida sameAs Década_perdida.
- La_Década_Perdida sameAs m.09cdbf.
- La_Década_Perdida sameAs Q2811818.
- La_Década_Perdida wasDerivedFrom La_Década_Perdida?oldid=639985802.
- La_Década_Perdida isPrimaryTopicOf La_Década_Perdida.