Mexico

Government Federal republic.

Geography
Mexico is bordered by the United States to the north and Belize and Guatemala to the southeast. Baja California in the west is an 1,287-km peninsula and forms the Gulf of California. In the east are the Gulf of Mexico and the Bay of Campeche, which is formed by Mexico’s other peninsula, the Yucatán. The center of Mexico is a great, high plateau, open to the north, with mountain chains on the east and west and with ocean-front lowlands lying outside them.

Historical Background
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. 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.