About
Miguel de la Madrid Hurtado was a Mexican politician and lawyer affiliated with the Institutional Revolutionary Party (PRI). He served as the 59th president of Mexico from 1982 to 1988. His presidency was marked by economic challenges, including a severe debt crisis. De la Madrid implemented austerity measures and structural reforms in an attempt to stabilize the Mexican economy.
Career Timeline
President of Mexico
De la Madrid becomes President of Mexico during an economic crisis.
Mexico City Earthquake
The devastating earthquake tests De la Madrid's leadership.
Economic Austerity Measures
De la Madrid implements austerity measures to address Mexico's debt crisis. Though unpopular, they eventually stabilize the economy.
End of Presidential Term
De la Madrid's term ends; he is succeeded by Carlos Salinas de Gortari.
Death in Mexico City
De la Madrid passes away; his legacy is viewed as a transitional figure in Mexican politics.
Legacy of Economic Reform
De la Madrid is remembered for his efforts to address Mexico's economic challenges. His policies were controversial but paved the way for further liberalization.
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Last updated: February 25, 2026