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Website. Official website. Cochabamba (Aymara: Quchapampa; Quechua: Quchapampa) is a city and municipality in central Bolivia in a valley in the Andes mountain range. It is the capital of the Cochabamba Department and the fourth largest city in Bolivia, with a population of 630,587 according to the 2012 Bolivian census. [1]
20+. The Cochabamba Water War, [2] also known as the Bolivian Water War, was a series of protests that took place in Cochabamba, Bolivia 's fourth largest city, between December 1999 and April 2000 in response to the privatization of the city's municipal water supply company SEMAPA. The wave of demonstrations and police violence was described ...
The Cochabamba economy is based mainly in services, but recently it is experiencing some diversification in manufacturing, agriculture and tourism. The geographic location of Cochabamba makes it the main routes of transport joining the two main cities, the host government La Paz and the industrial hub Santa Cruz.
The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States; it is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. It is the first of five member institutions that compose the ...
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development. [6] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
Nigeria and the World Bank. The World Bank is an institution that was established in 1944 and since 1958 has provided Nigeria with low interest rate loans and grants through the International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD). [1] As of 2018, it consists of 189 member countries.
The economy of Bolivia is the 95th-largest in the world in nominal terms and the 87th-largest in purchasing power parity. Bolivia is classified by the World Bank to be a lower middle income country. [15] With a Human Development Index of 0.703, it is ranked 114th (high human development). [16]
Bolivia joined the IMF on December 27, 1945. [1] Since 1945, Bolivia has cooperated with the IMF to achieve social reforms and economic growth. [2] These efforts have involved strategies to reduce poverty, increase social equity, improve the education system and healthcare system, and expand social services to rural populations and underserved urban communities. [2]