Case Study Nicaragua
Introduction Statement:
Most people believe that Nicaragua became a foreign aid money pit due to the Contra/Santanista wars in the 1980’s. Although it is true that the Contra/ Santanista wars finally drove Nicaragua into an economic stand still there are two main reasons that their socioeconomic crisis occurred: First, Nicaragua has a long history of corrupt dictators who’s only interests were to exploit the country’s vast riches and secondly, because they have been at war for over 166 years trying to find their true independence from wealthy conquering nations. To think that recent 20th century events is the reason Nicaragua can’t get out of their financial crisis is disregarding the other two factors. By believing that Nicaragua today is not able to manage their own government after their country was finally left in socioeconomic ruin by corrupt dictators and over 166 years of conflict, one will be bound to repeat the error again when evaluating emerging governments and distribution of foreign aid funds to countries of other former corrupt regimes like what is happening in the Middle East today. Opening up your eyes to the idea that nations largely inhabited by poor people are the ones who end up paying for the mistakes of generations of the past can be a factor to socioeconomic crisis as well as believing in strong international corrective support to stamp out corrupt leaders will ensure that socioeconomic crisis like what has happened to Nicaragua will only be a historical memory and not a repeat global security risk and financial burden.
Nicaragua is a country overwhelmed by its history. Since colonial times, Nicaragua has suffered from political instability, civil war, poverty, foreign intervention, and natural disasters. Successive governments both foreign and domestic have been unable to bring political stability or significant economic growth to the country, until now. To understand the phenomenal changes that are occurring in Nicaragua today you must
Most people believe that Nicaragua became a foreign aid money pit due to the Contra/Santanista wars in the 1980’s. Although it is true that the Contra/ Santanista wars finally drove Nicaragua into an economic stand still there are two main reasons that their socioeconomic crisis occurred: First, Nicaragua has a long history of corrupt dictators who’s only interests were to exploit the country’s vast riches and secondly, because they have been at war for over 166 years trying to find their true independence from wealthy conquering nations. To think that recent 20th century events is the reason Nicaragua can’t get out of their financial crisis is disregarding the other two factors. By believing that Nicaragua today is not able to manage their own government after their country was finally left in socioeconomic ruin by corrupt dictators and over 166 years of conflict, one will be bound to repeat the error again when evaluating emerging governments and distribution of foreign aid funds to countries of other former corrupt regimes like what is happening in the Middle East today. Opening up your eyes to the idea that nations largely inhabited by poor people are the ones who end up paying for the mistakes of generations of the past can be a factor to socioeconomic crisis as well as believing in strong international corrective support to stamp out corrupt leaders will ensure that socioeconomic crisis like what has happened to Nicaragua will only be a historical memory and not a repeat global security risk and financial burden.
Nicaragua is a country overwhelmed by its history. Since colonial times, Nicaragua has suffered from political instability, civil war, poverty, foreign intervention, and natural disasters. Successive governments both foreign and domestic have been unable to bring political stability or significant economic growth to the country, until now. To understand the phenomenal changes that are occurring in Nicaragua today you must