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    Debt Relief for Nicaragua: Breaking out of the poverty trap

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    Name:
    bp-debt-relief-nicaragua-01109 ...
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    Description:
    English paper
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    Publication date
    1998-10-01
    Subject
    Economics
    Keywords
    Debt
    Debt relief
    Country
    Nicaragua
    
    Metadata
    Show full item record
    Publisher(s)
    Joint Agency
    Document type
    Briefing paper
    Description
    Nicaragua is Latin America's poorest country, with some of the worst indicators for human welfare. It also has the world's highest level of per capita debt, at around US$1,300 per capita, and one of the highest ratios of debt to GDP. Even though Nicaragua consistently fails to service its debt in full, actual debt repayments are two and a half times spending in health and education combined. This diversion of resources is taking place in a situation characterised by extreme poverty.
    Pages
    34
    URI
    http://hdl.handle.net/10546/115033
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/debt-relief-for-nicaragua-breaking-out-of-the-poverty-trap-115033
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