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Mexico suffered from a massive debt crisis in 1982, resulting in the country requesting emergency financing from the IMF. Despite an early period of economic success, a decline in oil prices and an increase in US interest rates caused Mexico to double its debt from 1979 to 1982 causing an excess inflation rate of nearly 60% of its GDP. [6]
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National standard format is yyyy-mm-dd. [161] dd.mm.yyyy format is used in some places where it is required by EU regulations, for example for best-before dates on food [162] and on driver's licenses. d/m format is used casually, when the year is obvious from the context, and for date ranges, e.g. 28-31/8 for 28–31 August.
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Abbreviations of Mexican federative entities Federative entity Conventional abbreviation 2-letter code* 3-letter code (ISO 3166-2:MX)Region Aguascalientes Ags. AG: MX-AGU: North-Central
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However, the year 1982 gave way to market restructuring policies and gradual political reforms that prompted the democratic transition of Mexico (1982–2012). [16] The first efforts to introduce free and fair elections came with President Miguel de la Madrid in 1983. Still, the attempt was unsuccessful, as he was opposed by politicians in his ...