01729cas a2200241 a 4500 AALejournalIMF000075 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451829105 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Nicaragua : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (112 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Nicaragua during 1990-96. During 1990-95, Nicaragua made substantial progress in policy implementation to reduce macroeconomic imbalances and to transform itself to a market-based economy. Fiscal and monetary policies were strengthened; most price controls were eliminated; and the foreign exchange and trade systems were liberalized. A program of public asset divestment was implemented and public employment and military outlays were cut substantially. An extensive reform of the banking system was initiated by allowing private sector participation in financial intermediation; interest rates were liberalized; and banking supervision was established. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/124 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/124/002.1996.issue-124-en.xml IMF e-Library