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Latin American History

Old Dominion University

Graduate Program in International Studies Theses & Dissertations

Nicaragua

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Nicaragua's Survival: Choices In A Neoliberal World, Stanley G. Hash Jr. Apr 2006

Nicaragua's Survival: Choices In A Neoliberal World, Stanley G. Hash Jr.

Graduate Program in International Studies Theses & Dissertations

In January 1990 the Nicaraguan electorate chose to abandon the failing Sandinista Revolution in favor of the economic neoliberal rubric. However, since 1990 Nicaragua's economy has been stagnant. Today it is one of the four poorest states in Latin America having been one of the wealthiest before 1975.

The purpose of this work is to explain Nicaragua's poor performance since 1990. The hypothesis is that domestic independent variables are central to recovery and are the underlying causes of Nicaragua's failure to fully recover.

The abuses of the Somozas' ancien régime before the 1979 revolution are well documented; less well documented …