Person
José López Portillo
José López Portillo was president of Mexico from 1976 to 1982. Huge oil discoveries in the Bay of Campeche financed a boom and heavy foreign borrowing under his government, but falling oil prices brought a debt crisis in 1982. He devalued the peso, nationalised the banks and left office as the country entered the 'lost decade' of the 1980s.
Cite this entry
- APA
- The Epoch Institute. (2026). José López Portillo. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/jose-lopez-portillo
- MLA
- “José López Portillo.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/jose-lopez-portillo. Accessed .
- Chicago
- The Epoch Institute. “José López Portillo.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/jose-lopez-portillo.
- Harvard
- The Epoch Institute (2026) ‘José López Portillo’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/jose-lopez-portillo (Accessed: ).
Last reviewed October 2026Random entry ↻