Title: Nicaragua
Description: "Argues that negative impact of structural adjustment was a result not only of prior monetary policies, but also of structural characteristics imposed by the import-substitution industrialization of the common market and the agroexport model. Advocates heterodox policies to stimulate exports while retaining orthodox measures of restrictive monetary and fiscal policies, without overly constricting aggregate demand"--Handbook of Latin American Studies, v. 57.
Subjects: Economic stabilization, Economic policy, Structural adjustment (Economic policy)
Places: Nicaragua