GDP. Reasons for the contraction included the reluctance of foreign banks to offer new loans, the diversion of funds to fight the new insurrection against the government, and, after 1985, the total embargo on trade with the United States, formerly Nicaragua's largest trading partner. After 1985 the government chose to fill the gap between decreasing revenues and mushrooming military expenditures by printing large amounts of paper money. Inflation rose rapidly, peaking in 1988 at more than 14,000 percent annually. Measures taken by the government to lower inflation were hampered by natural disaster. In early 1988, the administration of Daniel José Ortega Saavedra (Sandinista junta coordinator 1979–85, president 1985–90) established an austerity program to lower inflation. Price controls were tightened, and a new currency was introduced. As a result, by August 1988, inflation had dropped to an annual rate of 240 percent. The following month, however, Hurricane Joan cut a path directly across the center of the country. Damage was extensive, and the government's program of large spending to repair the infrastructure destroyed its anti-inflation measures. In its eleven years in power, the Sandinista government never overcame most of the economic inequalities that it inherited from the Somoza era. Years of war, policy missteps, natural disasters, and the effects of the United States trade embargo all hindered economic development. Despite these problems however, the Nicaragua economy saw a transformation in a direction to satisfy the needs of Nicaragua's poor majority. Women in revolutionary Nicaragua The women of Nicaragua prior to, during and after the revolution played a prominent role within the nation's society as they have commonly been recognized, throughout history and across all Latin American states, as its backbone. Nicaraguan women were therefore directly affected by all of the positive and negative events that took place during this revolutionary period. The victory of the Sandinista National Liberation Front (FSLN) in 1979 brought about major changes and gains for women, mainly in legislation, broad educational opportunities, training programs for working women, childcare programs to help women enter the work force and greatly increased participation and leadership positions in a range of political activities. This, in turn, reduced the burdens that the women of Nicaragua were faced with prior to the revolution. During the Sandinista government, women were more active politically. The large majority of members of the neighborhood committees (Comités de Defensa Sandinista) were women. By 1987, 31% of the executive