Nicaragua's state domination of productive capacity from the late 1970s to 1990, coupled with the civil war of the 1980s, left the economy with hyperinflation, large fiscal and current account deficits, and an external debt that was six times gross domestic product. As a result, economic activity declined at a sharp rate. By 1993, per capita income had fallen by a full 60 percent from the 1977 level. By the early 1990s the country was receiving aid...
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2010/09/01
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Рабочие документы (нумерованная серия)
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59623
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1
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1
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2011/02/13
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Disclosed
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Poverty reduction support credits : Nicaragua country study
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structural adjustment loan
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