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Article: Nicaragua pursues growth creatively.
- Article from:
- Market Latin America
- Article date:
- April 1, 2006
CopyrightCOPYRIGHT 2006 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Something important is happening in Nicaragua.
Amid the talk in the region of left-leaning governments, marginally functioning democracies, scandal, waste and corruption, Nicaragua-of all places-has embarked on a promising national program of growth and reform that sparkles with creative intelligence, action, humanism, and-economic opportunity.
Nicaragua's economy has been in awful shape since the end of its civil war in the late 1970s. The discouragement and disruption have extended well into the new Millennium. Using International Monetary Fund (IMF) statistics, the decade average annual growth in GDP from 1997 through 2006 (estimated by the IMF) is ...