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Nicaragua study: Implications of macroeconomic policy, external shocks and social protection systems on poverty, inequality and vulnerability in Latin America and the Caribbean. Nicaragua – (Implicaciones de la política macroeconómica, los choques externos y los sistemas de protección social en la pobreza, la desigualdad y la vulnerabilidad en América Latina y el Caribe. Nicaragua)

This study describes how Nicaragua being a small open economy is vulnerable to the events of the international economy. After a review of historical data, general equilibrium analysis and application of microsimulation methodology, the study concludes that the external shocks that have had a greater impact on poverty, inequality and vulnerability of Nicaraguan households have been those related to the reduced flow of remittances, the increase in world oil prices and lower capital inflows.

Service line: Policy coherence
Category: Social Protection Systems
Created by: Development Policy and Analysis Division
Type: Knowledge Product
Format: Case study
Language(s): Spanish
Location: http://www.eclac.org/publicaciones/xml/1/41741/2010-044-Nicaragua-W2.pdf
Publication: 2010
Target audience: Policy makers, Governments
Availability: Web accessible/downloadable