long-term

subject to substantial political interference.

Poor protection of property rights

widespread corruption

domestic access

second-poorest nation in the Americas.

Agricultural goods and textile production account for 50 percent of exports.

Daniel Ortega’s authoritarian

the rule of law in Nicaragua.

Sandinista judges

Private property rights (especially those of foreign investors) are not protected effectively, and contracts are not always secure.

. The growth of public spending has outstripped revenue expansion and is likely to continue in 2016.

inefficient and inflexible labor market

underemployed

used cars are restricted

The high cost of long-term financing continues to hinder more dynamic private-sector growth.