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Article: Manana is another day: Mexico can no longer afford PRI politics as usual - nor IMF austerity as usual. (failing economic policies of the Institutional Revolutionary Party and the International Monetary Fund)
- Article from:
- National Review
- Article date:
- June 27, 1994
- Author:
CopyrightCOPYRIGHT 1994 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Could Mexico's Institutional Revolutionary Party (PRI), the corporatist behemoth that has governed the country for 65 years, actually lose the presidential election this August? It sounds unthinkable. Conventional wisdom suggests that the PRI will be victorious once again, even if it has to steal the election. But this wisdom ignores how longtime ruling parties like Japan's Liberal Democrats and Canada's Tories have disappeared down history's plughole in the last year - not to mention how Silvio Berlusconi defeated a corrupt status quo in Italy on a clear program of tax reduction, deregulation, and electoral reform.
In Mexico the PRI, rife with corruption from ...