The Nicaragua Grand Canal: Economic Miracle Or Folie de Grandeur?

The Nicaragua Grand Canal: Economic Miracle Or Folie de Grandeur?

Author
Russell White
Publisher
Practical Action Publishing
Language
English
Year
2015
Page
68
ISBN
1909014109,9781909014107
File Type
epub
File Size
255.6 KiB

A canal through Nicaragua connecting two oceans has been a dream central to Nicaraguan identity and to the history of the country. But the current Canal scheme, passed in 2013, has catalysed opposition to President Ortega, who is seen to be using the project to boost his reputation. This book asks the questions: what are the possible economic benefits that the Canal will offer the country? What damage might the Canal will do to the environment, particularly to Lake Cocibolca, the largest source of freshwater in Central America? The Nicaragua Grand Canal explores the geopolitics of the project, especially the significance of China’s involvement. The final sections of the book examine resistance to the Canal proposal from within Nicaragua. Although popular with the wider population, the Canal proposal has been greeted by protests particularly by peasant farmers whose land will be expropriated and by indigenous groups whose lives will be irrevocably altered by the Canal.

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