Pri history

General Plutarco Elias Calles came into power, and in 1929, he created the PRI’s predecessor, the National Revolutionary Party or PNR.

President Lázaro Cárdenas (1934–40) enhanced the authority of the peasant wing of the party and balanced the existing party sectors with a so-called popular sector representing such disparate groups as civil servants, the professions, small businessmen, small farmers, artisans, youth, and women.

In 1946, with the decline of labor and the rise of middleclass sectors, elements of the party pressured president Manuel Ávila Camacho to reform its internal structure and to rename the party.

In 1976 Cárdenas launched a political career and was elected to the Senate.

In 1980, as a member of the Institutional Revolutionary Party (Partido Revolucionario Institucional; PRI), he began a six-year term as governor of Michoacán, his father’s native state.

Despite the persecution, Cárdenas ran for president again in the general elections of 1994.

In the 1997 National Congress elections the party lost its majority in the lower house, although it remained the largest party.

In 1999 Zedillo broke from tradition by refusing to nominate a successor.

In 2000 Francisco Labastida, the PRI’s candidate, was defeated for the presidency by Vicente Fox of the National Action Party (PAN). Zedillo left office later that year, ending the PRI’s 71-year period of continuous rule.

In early 2005, the then United Nations Secretary-General Kofi Annan invited a group of the world’s largest institutional investors to join a process to develop the Principles for Responsible Investment.

The Blueprint for responsible investment, launched in 2017, lays out the PRI’s 10-year plan.

Now, left-leaning candidate Andres Manuel Lopez Obrador, who built a political career by denouncing the PRI, is now favored to win Mexico’s 2018 presidential election, despite having a personal history that is tied to the Institutional Revolutionary Party.