DevelopingCommunities.com
Title
Developing Communities
Description
Excerpted from the website:
- Nicaragua, the largest country in Central America with more than 5.4 million people, is the second poorest country in the Northern Hemisphere. Over 50% of the population is below the poverty line and more than 7% of the population is unemployed with more than 46% underemployed. More than 30% of the population over age 15 cannot read and write. Nicaragua overall has more than $4.6 billion in external debt, leaving the GDP per capita income at only $2,300. Income distribution is extremely skewed, with the top 10% of the population earning more than 45% of the country's income, and the lower 10% earning 1.2%. In addition to these economic indicators, Nicaragua has had a very unsettled history, with a civil war lasting from 1979 to 1990, Hurricane Mitch destroying a large part of the country in 1998, and an earthquake and volcanic eruptions further destroying the capital in 1999.
Logos
