The Effects of Globalization and Neoliberalism in Central América: Nicaragua and Costa Rica
External Debt, Human Development Report, Social Spending, International Financial Institution, Caribbean Basin
Digital Object Identifier (DOI)
Central America is a region not known for strong states or independent foreign policy. Geopolítically, it is in the Caribbean Basin and has been seen as part of the U.S. backyard. The region’s proximity to the United States and the enormous difference in size and power between the United States and the countries in this region suggests a very unequal relationship. An early nineteenth-century attempt to unite the Central American nations as a federation was never successful either. Thereafter, the five original Spanish-speaking nations (Guatemala, Nicaragua, Honduras, El Salvador, and Costa Rica) and the northern part of Colombia that broke off to form the nation of Panama in 1903 have been small, weak states in the Interamerican and world system (the smallest of the sardines in Juan José Arévalo’s fable El Tiberón y las Sardinas). As such, their sovereignty has often been compromised by the hegemonic influence of the United States and other larger states.
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Citation / Publisher Attribution
The Effects of Globalization and Neoliberalism in Central América: Nicaragua and Costa Rica, in G. Prevost & C. O. Campos (Eds.), Neoliberalism and Neopanamericanism, Palgrave Macmillan, p. 161-174
Scholar Commons Citation
Vanden, Harry E., "The Effects of Globalization and Neoliberalism in Central América: Nicaragua and Costa Rica" (2002). Government and International Affairs Faculty Publications. 87.