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Economic Survey of Latin America and the Caribbean 1990

image of Economic Survey of Latin America and the Caribbean 1990

Published in two volumes - volume I gives insight into the economic trends, the international economy and the role of exchange rate policy in Latin America and the Caribbean. Volume II explores the economic developments by country. Complimentary tables of statistics are included.

English

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Nicaragua

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.

English

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