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Nicaragua: Notes On 1989 Economic Performance

LADB Article ID: 071443
Category/Department: General
Date: Wednesday, January 17, 1990
By: Deborah Tyroler

In January 1989, the Nicaraguan government launched an ambitious economic shock program with the intent of cutting off what it described as "hyperinflation." Nicaragua's consumer price level inflation rate for 1988 was 36,000%, establishing a na...

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