Word: sandinistas
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...factors were multiple: a decade-long civil war, a complete politicization of the economy under Sandinista rule and a U.S. economic embargo all contributed to the situation as it existed before the February 1990 triumph of Chamorro's National Opposition Union...
...picture was rosy in pre-revolutionary Nicaragua. Although there may have been a relatively more stable economy and a higher per-capita income, wealth was concentrated in the hands of the Somozistas and the ruling elite that backed Somoza's corrupt and repressive regime. But the ten years of Sandinista rule undeniably increased the overall poverty of the country. This was what Chamorro--in Washington this week to plead for more aid--has pledged to reverse. This is what she has failed...
...platform pledged to scale down the bloated, Sandinista-controlled military, limit the sphere of government, reinvigorate respect for private property, proceed apace with privatization of Sandinista-nationalized corporations, decrease the influence of Sandinista unions and give those peasants who had been working on cooperative farms title to the land...
Chamorro's advisers know what is at stake. Says the President's son-in-law Antonio Lacayo: "If this plan fails, the government will have to go." The opposition Sandinista National Liberation Front's response: "They might as well start packing." The Sandinistas should know: their mishandling of the economy helped sweep Chamorro into power...
...Florida, Nicaraguan exiles are urging their countrymen to boycott the new air carrier. "They have stolen money that was supposed to go to the Nicaraguan people," protested Francisco Ortega, president of the Nicaraguan Chamber of Commerce in Miami. It may prove difficult for this example of Sandinista enterprise...