4271. Report on a Property Issues Conference
- Author:
- Jimmy Carter, Jennifer McCoy, George Price, and Robert Pastor
- Publication Date:
- 07-1995
- Content Type:
- Working Paper
- Institution:
- The Carter Center
- Abstract:
- The Carter Center and UNDP co-sponsored a Conference in Nicaragua on July 4-5, 1995 to accelerate resolution of the property problem that has entangled the country's politics and impeded its economic development and democratic consolidation. The culmination of more than one year of intensive analysis and numerous expert missions to Nicaragua by the Carter Center, in collaboration with the UNDP Property Project, the Conference brought together for the first time a group of Nicaraguan leaders representing the entire spectrum of affected interests. With Sandinista leaders sitting next to persons whose property was confiscated in the revolution, the meeting was a visible reminder of the remarkable transformation of Nicaragua from a society torn by war in the 1980s to one committed to the search for solutions to national problems through peaceful, legal means. Hosted by the UNDP and chaired by Jimmy Carter and George Price, the meeting provided an important boost to the Nicaraguan leaders to formulate a definitive solution to the property issue. The conference identified the elements of a package solution and the next steps needed to resolve the complex property problem. During the course of the day and a half meeting, significant consensus emerged on a number of general principles: including that small beneficiaries of urban and agrarian reforms should be protected, that former owners should be compensated with improved bonds, and that recipients of larger properties should either pay for or return those properties (see Appendices 1 and 2). In conversations on the issue of U.S. property claims, Nicaraguan officials explained the progress that has been made on resolving the claims of U.S. citizens, of which one-third to one-half were Nicaraguans who were alleged to have been associates of the former Somoza government and are now U.S. citizens. Former president Carter proposed a Follow-up Commission of representatives of the groups at the Conference to meet immediately to translate the consensus and the general proposals into specific decisions and laws. The 18-person Commission was selected and met on July 14 under the auspices of the UNDP. All parties attended, and the Commission moved expeditiously to develop concrete proposals in two subcommittees: (a) to provide security for small property holders and (b) to increase the value of the bonds. The entire group also discussed large property issues, expanding the privatization program, and ways to address abuses. The Commission set a deadline to complete all their work in three months.
- Topic:
- International Cooperation and United Nations
- Political Geography:
- United States, Latin America, Central America, North America, and Nagasaki