|
 The
site of advanced Amerindian civilizations, Mexico came under
Spanish rule for three centuries before achieving independence
early in the 19th century. A devaluation of the peso in late
1994 threw Mexico into economic turmoil, triggering the worst
recession in over half a century. The nation continues to make
an impressive recovery. Ongoing economic and social concerns
include low real wages, underemployment for a large segment of
the population, inequitable income distribution, and few advancement
opportunities for the largely Amerindian population in the impoverished
southern states. Elections held in July 2000 marked the first
time since the 1910 Mexican Revolution that the opposition defeated
the party in government, the Institutional Revolutionary Party
(PRI). Vicente FOX of the National Action Party (PAN) was sworn
in on 1 December 2000 as the first chief executive elected in
free and fair elections. |
| Location:: |
Middle America,
bordering the Caribbean Sea and the Gulf of Mexico, between Belize
and the US and bordering the North Pacific Ocean, between Guatemala
and the US |
| Climate: |
Varies from
tropical to desert |
| Borders: |
Belize 250 km,
Guatemala 962 km, US 3,141 km |
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