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López Portillo y Pacheco, José |
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López Portillo y Pacheco, José (hōsā` lô`pās pôrtē`yò ē pächākō), 1920–, Mexican political leader and president (1976–82). A lawyer and university professor, he wrote novels and works on political theory. Entering government service in 1959, he held a series of posts, ultimately becoming (1973–75) finance minister under President Luis Echeverría Álvarez Echeverría Álvarez, Luis , 1922–, president of Mexico (1970–76). A lawyer, he was formerly a law professor. As a member of the ruling Institutional Revolutionary party, he held numerous party and government posts beginning in the 1940s.
..... Click the link for more information. , whom he succeeded. As president, López Portillo developed Mexico's oil reserves, but his initially popular government became noted for its profligacy and corruption. By the end of his term, the collapse of oil prices had made Mexico unable to make payments on its debts, creating a international financial crisis. He also served as a mediator in Pan-American disputes. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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