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Now the country faces its worst economic crisis this century with natural gas exports tumbling while the dominant socialist party's spend-to-grow economic model has imploded. Bolivia's gas exports ...
That simmering anger has paved the way for even more strife in a country that is no stranger to political unrest. Bolivia's economic crisis is rooted in a complex combination of dependence on the ...
The political fight has paralyzed the government's efforts to deal with the deepening economic despair and analysts warn that the social unrest could explode in the historically turbulent nation ...
He returned and launched his political comeback after Arce, his choice candidate at the time, won the 2020 election. The political rivalry has divided Congress and exacerbated an economic crisis stemming from the depletion of Bolivia’s foreign-exchange reserves. Protesters on Tuesday decried Arce's failure to halt the spiral and recalled ...
Bolivia's stock market expanded in 1998 to include corporate bonds, along with the money market and government bond options that had existed previously. [20] The privatization of Bolivia's social security program has bolstered the stock market. [20] The Salar de Uyuni is a major tourist destination in Bolivia.
However, in 2017 Bolivia's Supreme Court completely abolished term limits for all political offices, arguing that running for political office is a human right that could not be limited, even by the constitution. The court cited Bolivia's obligations to human rights as a signatory of the 1969 American Convention on Human Rights.
After the overthrow of the mining elite who had dominated political life in Bolivia, [when?] the new government reorganized the economy to create an economy that was fair. [4] It therefore increased spending on public programs and nationalized key industries, like mining and oil. Bolivia's first stabilization plan took place from 1955 to 1964. [5]
Bolivia, struggling with an economic crisis as foreign currency reserves dwindle, is set to hold presidential elections next year, which Morales - in a more conciliatory tone - suggested was a ...