Abstract

Mexico's democracy has freed itself from its authoritarian past, yet it is faltering in its quest to become a modern nation. The country shed one-party system that Peruvian novelist Mario Vargas Llosa once described as the perfect dictatorship, only to witness its new multiparty system descend into political paralysis. It escaped cycle of economic crisis that bankrupted previous generations, only to watch as financial stability was steadily eroded by shifts in global economy that have drained jobs and investment. Improved living standards and longer life expectancy have changed its demographic profile, but Mexico may never grow wealthy enough to pay for its citizens who reach old age. Despite shared underpinnings of free trade and democratic values, Mexico has not forged relationship with United States that both countries claim to desire. While Mexicans still identify with Porfirio Diaz's remark of more than a

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