United States. Central Intelligence Agency

Summary

United States. Central Intelligence Agency CIA World Fact Book, 2004 — Nicaraguaa (2004)

Introduction Nicaragua Background: The Pacific Coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979.
Source: Wikisource

United States. Central Intelligence Agency CIA World Fact Book, 2004 — Nicaraguaa (2004)

Economy Nicaragua Economy - overview: Nicaragua, one of the hemisphere's poorest countries, faces low per capita income, massive unemployment, and huge external debt. Distribution of income is one of the most unequal on the globe. While the country has made progress toward macroeconomic stability over the past few years, GDP annual growth of 1.5% - 2.5% has been far too low to meet the country's need.
Source: Wikisource

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