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Jaime Rene Morales Carazo is a Nicaraguan politician who was the Vice President of Nicaragua between January 2007 and January 2012.

Jaime Rene Morales Carazo
Jaime Morales Carazo.jpg
Jaime Morales Carazo in 2009
Vice President of Nicaragua
In office
10 January 2007 – 10 January 2012
PresidentJosé Daniel Ortega Saavedra
Preceded byAlfredo Gómez Urcuyo
Succeeded byMoisés Omar Halleslevens Acevedo
Member of the National Assembly
In office
9 January 2012 – 9 January 2017
Deputy to the Central American Parliament (PARLACEN)
In office
9 January 2012 – 9 January 2017
Member of the National Assembly
In office
9 January 2002 – 9 January 2007
Personal details
BornGranada, Nicaragua
Political partyLiberal
Spouse(s)Amparo Vázquez Rovelo

Early lifeEdit

Born to Carlos A. Morales Casco and Anita Carazo Arellano in Granada, Nicaragua, he obtained a degree in Industrial Relations at the American Institute of Higher Business Management (IPADE-Universidad Panamericana, Mexico). Morales has been active in financial and business circles, entering politics after 1980. In the mid-1960s, he established the Nicaraguan Bank Group (BANIC), the first private banking investment and development firm in Nicaragua, which eventually became one of the largest of its kind in Central America. He also worked at the Institute for National Development (INFONAC) as a vice president.

He also co-founded the Central American University (UCA) and its Faculty of Economics and Management, whose board he subsequently joined. He participated in the promotion of the American Institute of Business Administration, and helped establish the National Technological Institute (INTECNA) of Granada.


From July 1979, Morales Carazo lived in Honduras and Mexico. In 1983 he became involved with the Nicaraguan Democratic Front (NDF), later known as the Nicaraguan Resistance. He was a Chief Negotiator in the Sapoa peace process with the government of the Sandinista National Liberation Front (FSLN). He returned to Nicaragua in 1996.

Involvement with the PLCEdit

In 1993 he was responsible for the development of statutes for the Liberal Constitutionalist Party (PLC), re-written on the occasion of the Party's centenary celebration. In 1996 he was Head of Campaign for the PLC and the Liberal Alliance that won the national elections. In November 2001 he was elected National Deputy to the Legislative Assembly as a member of the Blue and White Bench, serving for five years as President of the Commission on the Environment and Natural Resources. During the administration of 1997–2001 he was Personal Adviser with the rank of Minister of the President and Chairman of the National Council for Sustainable Development (CONADES).

Vice President of the Republic of NicaraguaEdit

On May 28, 2006, Morales Carazo accepted the nomination to run for the vice presidency, as a running mate to Daniel Ortega, the FSLN and the Alliance "Unity Nicaragua Triumphs". Ortega went on to win the national election held on November 5, 2006. Morales Carazo assumed the position of Vice President on January 10, 2007.

Deputy to the Central American ParliamentEdit

After leaving office, Morales Carazo was sworn in as Member of the Central American Parliament (PARLACEN) at a special event at the headquarters of the regional forum in Guatemala. He was sworn in by Manolo Pichardo.[1]


  • "Notes of Industrial Administration", University of Central America, Nicaragua, 1961.
  • "The Mayor's Donkey", Editorial The Fish and the Serpent, Nicaragua, 1976, (Second Edition 2009, Editorial Esquipulas, Nicaragua).
  • "Better than Somoza, anything!" Editorial CECSA, Mexico, 1986.
  • "The Contra", Editorial Planeta, Mexico, 1989.
  • "The Night of the President", Editorial Planeta, Mexico, 1991.
  • "Negotiation Strategy & Propaganda", Editorial Hispamer, Nicaragua, 2008.
  • "Earthquake Will he spend?" ARDISA Productions, Nicaragua 2010.


External linksEdit

Political offices
Preceded by
Alfredo Gómez Urcuyo
Vice President of Nicaragua
10 January 2007 – 10 January 2012
Succeeded by
Moisés Omar Halleslevens Acevedo