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Nicaragua’s Transition of State Power: Through Feminist Lenses

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The Undermining of the Sandinista Revolution

Abstract

Following ten years of internal conflict and US-sponsored aggression, Nicaragua’s external debt totalled $11 695 million in 1990 (CEPAL 1994). The Chamorro government inherited a very fragile political and economic system. Chamorro, however, had neither a well-elaborated strategy for Nicaragua’s political and economic development nor a well-defined social programme when she took office in March 1990. Rather, the economic programme was a response to external pressure and elite insecurity.1 As time progressed it became evident that the Chamorro government was formulating a neoliberal development strategy for the agrarian sector that favours private agroexport production at the expense of both internal market development and the reformed sector, the sector created by the agrarian reform land redistributions during the Sandinista revolution (Escoto and Amador 1990). For example, Central Bank figures show that credit for agricultural production decreased by 43 per cent in 1992, with loan preferences given to large producers (FIDEG 1994: 8).

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© 1997 Gary Prevost and Harry E. Vanden

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Metoyer, C.C. (1997). Nicaragua’s Transition of State Power: Through Feminist Lenses. In: Prevost, G., Vanden, H.E. (eds) The Undermining of the Sandinista Revolution. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25292-3_5

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