Oil and Mexican Foreign Policy
1988
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The discovery of enormous oil reserves in the early 1970s revolutionized Mexico's economy and political behavior, bringing soaring revenues and industrial development. The oil glut of 1981 and wild fluctuations in world prices, pushed the country to the brink of bankruptcy. George W. Grayson describes how the roller-coaster economic ride, shrill nationalism, political assertiveness, and arrogant posturing of the 1970s have given way to greater professionalism, fiscal responsibility, and a cooperative attitude towards the United States in recent times.
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Author
George W. Grayson
Author · 4 books
George Wallace Grayson, Jr. was an FPRI Associate Scholar and the Class of 1938 Professor of Government at the College of William & Mary. He was a senior associate at the Center for Strategic & International Studies, a board member of the Center for Immigration Studies, and a lifetime member of the NAACP. Grayson lectured regularly at the U.S. Department of State, at the National Defense University, and at universities throughout the United States and Mexico.
