Critics call Nicaraguan project a white elephant, but supporters say it will bring prosperity
Executive Summary
In 1902, the U.S. Congress voted to dig an Atlantic-to-Pacific canal in Panama over a rival route in Nicaragua. More than a century later, Nicaragua is recovering its lost opportunity with a $50 billion Chinese-financed canal project that the government touts as the key to economic progress but detractors view as a potential boondoggle.
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DOI: 10.1177/2374556815608837