Country: Nicaragua

Democracy Under Siege in Central America

Democracy is under threat in Central America and authoritarianism is on the rise. This problem is having long-term institutional and economic implications for these countries and poses serious challenges for US policy towards the region. Uncheckered political ambitions and abuses of authority in the form of corruption or political and economic favoritism are signs of severe democratic backsliding. Nicaragua is an illustration of the consequences of unconstrained power. But the growing corruption and political ambitions of other Central American leaders could further affect democratic institutions in the region. It is important not only to bear witness but to mobilize proactive foreign policy to prevent authoritarianism from rising.

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Transaction Costs in the Post-Covid Era

This blog examines remittance sending costs to eight Latin American and Caribbean countries and considers that the most important reality shaping the money transfer intermediation industry is that is tied to a global currency market.

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