Summary

Clare Ribando Seelke Nicaragua: Political Situation and U.S. Relations (2008)

President Ortega is expected to announce a development plan by mid-2008 that is likely to emphasize sustainable agro-industrial development. Obstacles to Nicaragua’s growth prospects in 2008 will be the rising price of oil and the economic slowdown in the United States, which could affect trade and remittance flows. Some economists have also warned that if Ortega should engage in an increasingly radical or authoritarian manner, foreign investment in Nicaragua could decline.
Source: Wikisource

Clare Ribando Seelke Nicaragua: Political Situation and U.S. Relations (2008)

Ongoing disputes between powerful leaders, endemic corruption, and weak institutions have undermined the consolidation of democracy in Nicaragua. The 2006 elections followed more than a year of political tensions among then-President Enrique Bolaños, Ortega and the leftist Sandinista party, and allies of rightist former President Arnoldo Alemán.
Source: Wikisource

Clare Ribando Seelke Nicaragua: Political Situation and U.S. Relations (2008)

Since 1990, Nicaragua has been developing democratic institutions and a framework for economic development. Nonetheless, the country remains extremely poor and its institutions are weak. Former revolutionary Sandinista leader, Daniel Ortega, was inaugurated to a new five-year presidential term in January 2007 and appears to be governing generally democratically and implementing market-friendly economic policies. The United States, though concerned about Ortega’s ties to Venezuela and Iran and his authoritarian tendencies, has remained actively engaged with the Ortega Administration.
Source: Wikisource

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