The economic history of Central America as a whole
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- Central American integration
- By Fundación Flor de Izote, in El Salvador in
Perspective, July-August 1995. Competing theories
of Central American [economic] Integration
(CAI). Neoliberal shift of region's economies from
industrial to service/finance/commecial sectors; CAI free
trade zone in competition with NAFTA; issue of rural
impoverishment.
- How United Fruit robbed and killed the
people of Central America
- By Stephen Millies, Workers World, 3 October
1996. United Brands became the new name for the notorious
United Fruit banana monopoly. Now it's got another new
name: Chiquita Brands International. For decades this
ruthless corporation dominated the economies of the countries
of Central America.
- The Wrong Hurricane Relief
- By Stephen Hellinger, the New York Times, 7
December 1998. Officials of the International Monetary
Fund and the World Bank will meet decide the economic fate
of Honduras and Nicaragua, both ravaged by Hurricane
Mitch. If all goes according to script, the financial
‘rescue’ package that will emerge will only
deepen the two nations' problems.
- Donors Plan Central America's
‘Transformation’
- By Abid Aslam, IPS, 24 May 1999. The Washington-based
Inter-American Development Bank (IDB) holding talks on
Central America's
reconstruction and
transformation
following the devastation of Hurricane
Mitch. There will be no change in the
official vision of development as a means to integrate the
countries into capitalist markets in goods, services, and
finance. Closed sessions will exclude any demands for
progressive reforms in land ownership, domestic credit,
and wage policy.
- Investment Rise Due to
Privatisations
- By Néfer Muñoz, IPS, 12 June 2000. Central America's
improved record in attracting direct foreign investment is
a mirage because the increased flow of capital to the
region has mostly come through sales, mergers and
privatisations of state-run enterprises, according to
economic policy experts.
- New Owners Sought for Telephone
Companies
- By Maricel Sequeira, IPS, 3 July 1998. El Salvador,
Honduras and Guatemala selling their telephone companies
in an oversupplied market. Because of conditions imposed
by the IMF and structural adjustment, the Nicaraguan
legislature had to approve the privatisation of the most
profitable companies of the public sector, the telephone,
electricity and potable water companies, and one of the
state banks.