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...orts.
In 1978, after teaching at the Instituto Politécnico Nacional and El Colegio de México, Mr. Zedillo became involved in economic research and analysis at the Banco de México. He became widely recognized as one of the main proponents of economic modernization policies.
While working at the Banco de México, Mr. Zedillo established the Exchange Risk Coverage Trust Fund (FICORCA), the agency that made it possible to restructure the debt of many Mexican companies in the early 1980s. This action assured the companies' financial recovery and preserved the jobs of thousands of Mexican workers.
From 1988 to 1992, Mr. Zedillo served as Secretary of Programming and Budget. In this post, he formulated the National Development Plan and prepared the federal expenditure budgets for fiscal years 1989 to 1992.
Mr. Zedillo became Secretary of Public Education in 1992. As head of this Department, he began a thorough reform of pre-school, primary, and secondary education in Mexico. He initiated the decentralization of the nation's educational system and developed special education programs for Mexico's less-developed areas.
In March 1994, Mr. Zedillo was named the PRI candidate for Mexico's presidency. On August 21, 1994, he was elected President of Mexico as an unprecedented 78% of registered voters participated in the election.
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- Free Trade
- Mexico and the European Union
- Peaceful Solutions
- Globalization
- Federalism in an Era of Globalization
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