Nicaragua
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1990 , pp 299-319
- Publication Date: December 1990
- DOI: https://doi.org/10.18356/d9f2b49a-en
- Language: English
The performance of Nicaragua’s economy in 1990 reflected the radical changes that took place in the country. In the political sphere, peace was restored in the country, democratic elections were held and the combatants were gradually incorporated into productive activities. In the economic domain, the new government that was installed in April moved to abandon centralized management and to deepen market relations. The scope and suddenness of these events substantially changed the functioning of the economy and the nature of the controls applying to the management of the public sector. Given these circumstances, there were new outbreaks of hyperinflation, while production activity continued to decline.
© United Nations
ISBN (PDF):
9789210601177
Book DOI:
https://doi.org/10.18356/ddcfb6e9-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Nicaragua
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