Lopez Portillo, J.

...In particular, the public external debt increased more than five-fold during his administration, exceeding $20 billion, which increased domestic and international currency instability. In August 1976, Mexico finally abandoned its 22-year fixed exchange rate system and moved to a floating exchange rate system, forcing the peso to depreciate sharply.
[Overcoming the economic crisis]
The José López Portillo (1920- ) administration (1976-82), which came to power in the midst of an unprecedented economic crisis symbolized by the fall of the peso, called on workers to refrain from raising wages and on the private sector to actively invest, and sought to improve relations with developed countries such as the United States, promoting the introduction of foreign investment. It also made a major shift in oil policy from the policy of previous administrations that "natural resources should be produced only in amounts necessary for domestic consumption and preserved for the future" to "oil development should be promoted and oil export revenues should be effectively utilized in order to overcome the current crisis," and as a result, the oil industry became the leading sector of the economy, achieving high economic growth rates of 8.2% in 1978, 9.2% in 1979, 8.3% in 1980, and 8.1% in 1981, creating approximately 700,000 new jobs annually, and promoting ambitious development plans such as the National Industrial Development Plan, the Comprehensive Development Plan, and the National Energy Plan.

*Some of the terminology that mentions "López Portillo, J." is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…とくに公的対外債務が同政権期に5倍以上に増加し，200億ドルを超えたことは内外の通貨不安を高め，76年8月，メキシコはついに22年間にわたる固定為替相場を放棄して変動相場制に移行し，ペソは大幅な下落を余儀なくされた。
［経済危機の克服］
　ペソ下落に象徴された未曾有（みぞう）の経済危機のさなかに発足した，ロペス･ポルティーヨJosé López Portillo(1920‐　)政権(1976‐82)は，労働者には賃上げ自粛を，民間経済界には積極的な投資を要請し，対外的にはアメリカ合衆国など先進諸国との関係改善を図り，外国投資の導入を促進した。また〈天然資源は国内消費に必要なだけ生産し，将来のために温存すべきである〉という歴代政権の方針から〈現在の危機を乗り切るために石油開発を推進し，石油輸出収入を有効に利用すべきである〉というように石油政策を大きく転換した結果，石油産業が経済のリーディング･セクターとなり，経済成長率は1978年8.2％，79年9.2％，80年8.3％，81年8.1％と高水準を達成し，年間約70万人の新規雇用が創出され，〈国家工業開発計画〉〈総合開発計画〉〈国家エネルギー計画〉など意欲的な開発計画が推進された。…

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