Nicaraguan President Violeta Chamorro: five years of "structural adjustment."

From: Monthly Review | Date: December 1, 1995| Author: Mulligan, Joseph E. | Copyright information

The Nicaraguan economy has stagnated under Violeta Chamorro. Unemployment has grown to 70%, and social services are totally inadequate. Restructuring of foreign debt and increased foreign aid would help the Nicaraguan economy. The church must become a political force for justice in Nicaragua.

The impact of what has happened in the last five years in Nicaragua can be grasped only against the background of the previous period. Thus this article begins by reaching back ten years to an ...

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