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Nicaragua and Ecuador: proof that another way is possible

On 22 July, a talk will be given in London with the aim of analysing the economic and social betterment achieved by left-leaning governments in both countries and showing that capitalism is not the only path to a fair and democratic society.

 

nicaraguar ecuador free foto (3)Juanjo Andrés Cuervo

 

In the past decade, both Latin American nations have continued on the path to development and thereby reduced poverty levels.

In fact, Nicaragua has maintained growth levels above the Latin American and Caribbean average.

Despite the economic crisis the country suffered between 2008 and 2009, the various policies that have been implemented have helped to alleviate the problem.

According to data set forth by the World Bank, Nicaragua achieved record growth of 5.11% in 2011 and is generally ranked second among Central American countries in terms of development.

Furthermore, poverty indices for the Latin American nation fell from 42.5 to 29.6 between 2009 and 2014, according to the Standard of Living Survey conducted by the National Institute of Information and Development.

nicaraguar ecuador free foto (4)Moreover, levels of extreme poverty fell from 14.6 to 8.3, and efforts are under way to tackle social inequality, especially in rural areas.

Change of government

Similarly, after the ten-year tenure of Rafeal Correa as president of Ecuador, the Latin American country has seen an uptick in economic growth.

As the Ecuadorian Ambassador to the United Kingdom, Carlos Abad, told The Prisma, between 2006 and 2016 poverty levels fell from 38% to 23%. Extreme poverty followed the same trajectory, falling from 22% to 9%.

Lenin Moreno was recently elected as the nation’s president. During his time in office as vice president, he was known for creating programmes to help people with disabilities.

nicaraguar ecuador free foto (2)The left-wing politician spoke publicly of his intention to follow Correa’s example, albeit with a few changes.

Now, after the long mandate held by the previous government of Ecuador, Lenin has an opportunity to continue to further his country’s development.

And aside from all of this, he is a defender of the environment, indigenous peoples and social causes.

To discuss these matters, and with a view to explaining these themes and exploring the situation in Nicaragua and Ecuador, an event is being organised with speakers who are experts in their field: “Viva Nicaragua and Ecuador: another way is possible!”

nicaraguar ecuador free foto (1)One of the speakers is Nick Hoskyns, who has worked in Nicaragua for the past 30 years, in small-scale cooperatives and free trade. Another is Adrian Weir, assistant chief of staff at Unite.

And the final speaker will be a delegate from the Ecuadorian Embassy, whose name is yet to be confirmed at the time of writing.

“Viva Nicaragua and Ecuador: another way is possible!” is organised by the Nicaragua Solidarity Campaign and Friends of Ecuador, two organisations that support social processes in both countries.

Date and location: Saturday 22 July at 2 pm. Address: Unite, 128 Theobalds Road, London, WC1X 8TN. Contact: campaigns@nicaraguasc.org.uk; Further information: website

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