University of Central Florida STARS HIM 1990-2015 2013 Costa Rica, Panama, and Nicaragua: explaining economic success levels Kevin Negy University of Central Florida Part of the Political Science Commons Find similar works at: https://stars.library.ucf.edu/honorstheses1990-2015 University of Central Florida Libraries http://library.ucf.edu This Open Access is brought to you for free and open access by STARS. It has been accepted for inclusion in HIM 1990-2015 by an authorized administrator of STARS. For more information, please contact
[email protected]. Recommended Citation Negy, Kevin, "Costa Rica, Panama, and Nicaragua: explaining economic success levels" (2013). HIM 1990-2015. 1442. https://stars.library.ucf.edu/honorstheses1990-2015/1442 COSTA RICA, PANAMA, AND NICARAGUA: EXPLAINING ECONOMIC SUCCESS LEVELS by KEVIN NEGY A thesis submitted in partial fulfillment of the requirements for the Honors in the Major Program in International and Global Studies in the College of Sciences and in The Burnett Honors College at the University of Central Florida Orlando, Florida Spring Term 2013 Thesis Chair: Dr. Houman Sadri © 2013 Kevin Negy ii Abstract Latin America is a region that has deep roots in Spanish colonialism. Since its independence, many countries in the region have heavily depended on agriculture exports to industrialized states to support their economies. This has led to political theorists to label Latin America as an area full of “periphery” countries that are exploited for resources by “core countries. Costa Rica, Panama, and Nicaragua were not the exception. In recent years, however, a noticeable difference between the economies of the countries has helped Costa Rica and Panama become more successful than Nicaragua, on the basis of GDP, GNI, and other similar measures.