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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 ...
With prices surging, dollars scarce and lines snaking away from fuel-strapped gas stations, protests in Bolivia have intensified over the economy's precipitous decline from one of the continent ...
Bolivia's economic crisis is rooted in a complex combination of dependence on the dollar, draining international reserves, mounting debt and failures to produce products like gas, once the Andean ...
The 2019 Bolivian political crisis was a period of intense political upheaval and unrest in Bolivia that followed the disputed 2019 Bolivian general election, in which incumbent President Evo Morales was initially declared the winner.
However, the economic decline of the late 1990s, along with political unrest, caused foreign investors to pull out of Bolivia once again. [20] In 2000 foreign investors contributed US$736 million to the Bolivian economy. [ 20 ]
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 marked its transition to democracy in 1982 when the Armed Forces ceded power to a civilian-led government elected two years prior. [2] Despite continued economic turmoil and political instability, the return to civilian rule mostly closed the cycle of volatility that caused the country to experience a multitude of attempted and successful revolutions and coups d'état in the two ...
The voided 2019 election marked a political crisis. It was followed by Morales' resignation, bloody violence and the year-long interim presidency of Jeanine Anez, a right-wing congresswoman who ...