Mexico

Referendum on the use of the Bank Fund for Savings Protection

City/State/Region
Begin – End: 1998 – 1998
Name of organization in charge: Partido de la Revolucion Democratica
Type of organization in charge: civil society
Level: national

Impact

?

Implementation: was the innovation effectively, partially or not put into practice at all?

Fulfillment of Aims: were the goals of the innovation completely, partially or not achieved at all?

Output: has the innovation generated recommendations, initiatives, decisions or policies?

Outcome: if there were a policy output, was it enacted or implemented?

Implementation: yes
Fulfillment of Democratic Innovation’s aim: yes
Output: yes
Policy Outcome: unknown

The Referendum on the use of the Bank Fund for Savings Protection (Span. FOBAPROA) was organized by the Party of the Democratic Revolution. It was organized with the aim of informing the public that by converting some of the savings fund to assist banks in the face of the financial crisis of 1994, citizens would have to assume the payment of the bank bailout. Likewise, it was sought to know the citizen's preference regarding how to deal with the debt problem. Two million people participated, of which 96.43 percent selected the party's proposal to solve FOBAPROA's problem: the refusal to convert debt; the punishment of public officials, bankers and businessmen who caused the banking crisis; the implementation of a program to solve the problem of small and medium-sized debtors, and reform the banking system, among others. Only 0.93 percent of respondents opted for the government's proposal, while 1.57 percent voted other alternatives and 2.07 percent nulled their vote.

Institutional design

?

Formalization: is the innovation embedded in the constitution or legislation, in an administrative act, or not formalized at all?

Frequency: how often does the innovation take place: only once, sporadically, or is it permanent or regular?

Mode of Selection of Participants: is the innovation open to all participants, access is restricted to some kind of condition, or both methods apply?

Type of participants: those who participate are individual citizens, civil society organizations, private stakeholders or a combination of those?

Decisiveness: does the innovation takes binding, non-binding or no decision at all?

Co-governance: is there involvement of the government in the process or not?

Formalization: not backed by constitution nor legislation, nor by any governmental policy or program
Frequency: single
Mode of selection of participants: open
Type of participants: citizens
Decisiveness: democratic innovation yields a non-binding decision
Co-Governance: no

Means

Deliberation
Direct Voting
E-Participation
Citizen Representation

Ends

Accountability
Responsiveness
Rule of Law
Political Inclusion
Social Equality

Policy cycle

Agenda setting

Formulation and decision-making

Implementation

Policy Evaluation