Jose López Portillo

Jose López Portillo Pacheco (June 16th 1920 - February 17th 2004) is there a lawyer and Mexican politician. He was President of Mexico of 1976 with 1982.

Biography

Wire of Jose López Portillo there Weber and Rosario Pacheco, it are born in the city from Mexico City, the capital of the Mexico, within a family of intellectuals. His/her father, him also Mexican author, was member of the Mexican Academy of history. His/her grandfather Jose López Portillo Rojas is a writer of the there XIX {{E}} century having sat at the Académie Mexican and occupied the post of minister in two conservative governments. His/her sister Margarita López Portillo will hold a role in her political life.

He studies the Droit to the autonomous National university of Mexico (UNAM). He marries Carmen Romano which gives him three children Ramón, Carmen and Paulina. In 1959, it begins its political career while entering Partido Revolucionario Institucional (PRI), left which dominated the Mexican political scene during many years. It obtains in 1961 a doctorate in administrative sciences.

It occupies several stations in the government of the presidents who precede it of which in particular the station Minister for Finance in the government of Shine Echeverría between 1973 and 1975 which indicates it like its dolphin, because at that time the presidents resulting from the PRI had habit to choose their successors personally. During following months Portillo launches its electoral campaign without having to face adversaries so to speak, because the SIDE, only registered party, refuses to introduce candidates to mark his opposition.

The 1 {{er}} December 1976, Portillo takes up duty as a president of Mexico. The situation is very tended to the beginning of its presidency: a few days before Echeverría carried out one of largest the Dévaluation S than the country ever knew. However, Portillo can benefit from some assets: it is much more charismatic than its predecessor and more popular. Moreover, the Oil crisis combined with discovered layers of Pétrole in the Gulf of Mexico (States of Veracruz and Tabasco) makes it possible the Mexico to become one of the largest exporters with world at that time and generates the arrival of a great quantity of currencies.

In spite of these positive points, some regard the government of López Portillo as corrupted and criticize it for the quantity of loans contracted by Mexico, the Hyperinflation which undermines the economy of the country, but also the Dévaluation of the Peso which the president accepted after having promised to defend the currency.

These principal successes are on the foreign scene. Indeed, it organizes in 1981 the international Sommet North-South to encourage the dialog between the developed Pays and the countries of the Tiers-monde. He seeks also a worthy exit with the armed conflicts which devastate the countries of Central America. He takes again the diplomatic relations broken with the Spain at the time of the advent of the Francoism. Moreover, it receives the visit of the Pape which carries out a Messe with the free air and retransmise into direct with the Télévision. It is a new event. Finally, it gains in 1981 for its efforts in the foreign policy of the country the price Prince of Asturies for the international cooperation.

On the economic plan, the situation is less good. The monetary and budgetary decisions made by its government contribute to the appearance of ones of the most severe crises in the history of the country. Carried not the euphoria of the Gone S, the government contracts many loans, which combined with the Corruption do not reduce not only to nothing the new benefit brought by Pemex it national company of exploitation of oil but inflate the Foreign debt significantly, which pushes Portillo to devaluate the Peso of more than 400 percent. During last years of its mandate, the Capital flight - caused by panic due to the bad management of the economy constrained the government to suspend the payment of the foreign debt and to nationalize the banks. The order to nationalize the banking system constitutes one of the last measurements taken at the time of its mandate. Indeed, it expresses this will on September 1st 1982, at the time of the annual speech to the nation.

The mandate of López Portillo is completed the 1 {{er}} December 1982. It chooses Miguel of Madrid, a famous lawyer, like successor. Miguel of Madrid has important experience in the economic domain and worries about the health of the financial markets. It moreover carried out economic studies in prestigious universities abroad. Moved away from the political life, López Portillo is devoted to the writing of an autobiography and some other books to mitigated success. Its private life does not stop therefore causing scandals, following the relation which he knows with Rosa Luz Alegría, its old Minister for tourism. López Portillo moves in a luxurious villa in the suburbs of Mexico City, which increases suspicions of Corruption. It Marie for the second time in 1995 with the actress Sasha Montenegro, with whom he had lived for several years. It gives him two children. Partially paralyzed after a Embolism, he knows a more difficult end-of-life.

Suffering from a cardiac complication because of a Pneumonia, he is hospitalized and dies a few days later at the 83 years age to Mexico City, Tuesday February 17th 2004 with 20:15.

Electoral mandates

Governmental functions

Quotations

  • Ya our saquearon. Mexico City No ha acabado. ¡ No our volverán has saquear! (September 1st, 1982). Translation: They (the banks) plundered us. Mexico is not completed yet. They will not plunder us again!

  • ¡ Defenderé el peso como a perro! (1981). Translation: I will defend the peso like a dog!

Works

  • Génesis there Teoría del Estado Moderno (1965)

  • Quetzalcóatl (1965)
  • Gift Q (1987)
  • Put Tiempos (2 volumes, 1988)
  • Umbrales (1997)

Bonds

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