6th Floor, Woodrow Wilson Center

Event | Nicaraguan Tragedy: From Consensus to Coercion

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2.19 Nicaragua Tragedy: From Consensus to Coercion

Nicaragua has enjoyed better than average economic growth and expanding opportunity over the past two decades, in large part because of political stability and the economic consensus that has existed between the government and private sector. But the increasingly authoritarian tendencies of the government of President Daniel Ortega have undermined its legitimacy, leading to a sudden and sustained political crisis over the last year that has unraveled the economy and that threatens the country’s future.

Nicaragua is at a turning point. Governance capacities can catch up to economic performance to construct a model of open, democratic capitalism with social inclusion. Alternatively, the country can regress into the dark abyss of political repression and economic misery. The renewal of the national dialogue, this time with more rational, promising procedures, raises hopes that Nicaragua will find a positive path forward.

Please join us for a discussion about Nicaragua’s economy over the last 25 years and how Nicaragua’s private sector can contribute to resolving the current political crisis and reestablishing economic growth.

 

Opening remarks

Cynthia J. Arnson, Director, Latin American Program, Wilson Center

Speakers

Richard Feinberg, Professor of International Political Economy, University of California, San Diego

Julie J. Chung, Principal Deputy Assistant Secretary of State, Bureau of Western Hemisphere Affairs, Department of State

Luis Rivas, Chief Operating Officer, Grupo Promérica

Moderator

Eric L. Olson, Latin American Program, Wilson Center

 

Selected Quotes - to come

 

Cynthia Arnson

“Even for those of us who have been critical of the antidemocratic practices of the Nicaraguan government of President Daniel Ortega, what has taken place over the last 11 months I think is truly astonishing.”

Richard Feinberg

Julie J. Chung

Luis Rivas

 

Photo Credit: Richard Feinberg. Used with permission.