Citizen Power Councils (CPC’s)
May 5th, 2008 by Kevin
If you are investing or looking to invest in a country outside your own, you need to be aware of politics. In Central America politics can often be a much higher factor to consider that your average western nation. Today in the New York Times there is an informative article about CPC’s or Citizen Power Councils that Daniel Ortega instituted last year. The idea behind these is that they would give power to the people in making decisions that affect them - by letting community leaders have a say about how and where government money is spent. However some of the president’s opponents charge that the Citizens Power Councils are nothing more than patronage mills, channeling government largess to supporters of the party, the Sandinista National Liberation Front. From our discussions with people living down there, this is also what we have been told. Many see this as an underhanded way at Ortega’s attempt at creating a dictatorship. The article does a great job of digging into this topic.
