JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Economic and Financial Reform in Nicaragua: Challenges and Opportunities to 2025
Author(s): Ira Sohn
Citation: Ira Sohn, (2017) "Economic and Financial Reform in Nicaragua: Challenges and Opportunities to 2025 ," Journal of Applied Business and Economics, Vol. 19, Iss.10, pp. 68-92
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The paper reviews Nicaragua’s vital statistics and the major economic and political events since the end
of the Somoza Era. The poorest country in Central America, Nicaragua is projecting a larger role in the
global economy because of its plan to construct a canal to rival the Panama Canal, which would have
major consequences for Nicaragua and Panama as well as for China and the United States. Using a
framework that assesses the performance of a national economy that participates in today’s globalized
world, I identify the strengths and weaknesses of Nicaragua towards the end of enhancing the future
performance of its economy.