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Costa Rica, Hydro-Electric Development and the Indigenous Populations

By United Nations

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Book Id: WPLBN0000703108
Format Type: PDF eBook
File Size: 15.40 KB.
Reproduction Date: 2005

Title: Costa Rica, Hydro-Electric Development and the Indigenous Populations  
Author: United Nations
Volume:
Language: English
Subject: Government publications, United Nations Publications, Commission on Human Rights
Collections: Center For World Indigenous Studies (CWIS) Collection
Historic
Publication Date:
Publisher: Center For World Indigenous Studies (CWIS) and The Fourth World Documentation Project

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Nations, U. (n.d.). Costa Rica, Hydro-Electric Development and the Indigenous Populations. Retrieved from http://www.worldlibrary.org/


Description
Government Reference and International Publications of the Center For World Indigenous Studies :

Excerpt
Excerpt: Costa Rica is in danger of defaulting on its international loans. 'Default' is a concept that strikes fear in the hearts of government leaders throughout the world. Fear enough to commit political suicide during an election year. Faced with few choices Costa Rica's President Rodrigo Carazo recently devalued the colon at the suggestion of the World Bank. The World Bank also suggested another devaluation of 20% later this year. International Monetary Fund/World Bank policies usually require a nation to cut government spending, devalue its currency, and reduce imports. Carazo is gambling that these policies and the loans that accompany them will not lose him the upcoming election as surely as 'default' would remove him from power.

 

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