He implemented a radical programme of free-market reforms, removing subsidies, privatising state-owned companies and reducing the role of the state in almost all spheres of the economy.

BBC: Alberto Fujimori in file photo from 1999

Pemex, the state-owned oil company that dominates the Mexican economy, recently announced deep-water oil discoveries in the Gulf of Mexico, suggesting the company might be able to slow the decline of its production.

FORBES: The Mexican Miracle: Despite Drug War, Economy Is Booming

The provincial government granted Zhejiang the exclusive right to construct and operate major highways in Zhejiang Province - which, as home mainly to township enterprises, private companies and foreign enterprises rather than rickety state-owned enterprises, enjoys a relatively healthy economy.

CNN: TARRED BY A BROAD BRUSH