Dbq Essay On El Salvador

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“ Of peace and in supreme happiness, El Salvador always nobly dreamed of...to keep...her greatest glory.” Such phrases from El Salvador’s national anthem promising rapture only demonstrates the hypocrisy of a country where, according to the 2007-2008 Human Development Report on this Central American country, 81% of the Salvadoran population earned low wages. Compounding this, Salvadorans lived surrounded by grotesque violence. Source A, FRED’s graph on Real GDP at Constant National Prices for El Salvador, reflect that in 2005, the GDP was $41,000 million and had risen to $45,000 million in 2008. However, between 2008 and 2009 the nation suffered a rough recession with GDP for 2009 falling to $44 million. This downturn was due to governmental …show more content…

Source B, provided by a report published by Central America Department and Office of the Chief Economist Latin America and Caribbean Region, reflects how during the time of El Salvador’s recession of 2008 to 2009, El Salvador was still purchasing necessary goods from the United States. However, the amount of money El Salvador utilized for purchasing imports was not brought back in by revenue from the exports. From source C, provided by Central America Department and Office of the Chief Economist Latin America and Caribbean Region, readers can recognize that during the same time period, the number of goods exported by El Salvador decreased. Since El Salvador stopped exporting to the USA in 2008, El Salvador began to produce less. This resulted in static wages for some and job loss for many others. Those workers who still had jobs now faced reduced purchasing power and those that had been fired had no money to spend in the economy; the negative multiplier effect prevailed causing economic deterioration. The USA stopped demanding goods from El Salvador due to the fact that they were facing a recession too between 2008 to 2009. This resulted in a decline of supply production within El …show more content…

Since El Salvador endured through a decrease in exports, to remedy this problem El Salvador would have had to begin relying on businesses within the country to foster economic growth. Unfortunately, Justice Rodolfo Gonzalez Bonilla, from the Supreme Court in El Salvador, conveyed to CSIS during an armchair discussion that due to the government's lack of enforcement of the rule of law, businesses could not prosper. Bonilla asserted, that corruption, along with the diminution of hope in waiting for the government to control the proliferation of murder, made citizens doubtful towards their government. Individuals lived apprehensive existences, and to add to the burden, Bonilla stated that business owners were expected to contribute monthly quotas to the preeminent gangs or else these gangs would murder them. The despondency of the people and the fear towards gangs who threatened business owners contributed to the curtailment of incentive within El Salvador to invest in creating and sustaining businesses. This helped cause no economic growth which made it harder for El Salvador to improve economically and escape the

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