Bolivian Natural Gas Crisis Amit Thorat

Winds of change are blowing in Bolivia at present, and probably not without reason. The country is witnessing political and social unrest of a nature and intensity unlike anything seen earlier. This crisis ridden nation has the distinction of being the poorest country in Latin America, with poverty levels as high as 70 percent. 6 out of every 10 persons in the country and 9 out of every 10 in the country side live in poverty! Unemployment rates are expected to reach 10%, whereas 13% of the employed are thought to be actually underemployed. ┬áThe economy, which is currently in…

Bolivia: On the Threshold of a New Future Ranja Sengupta

The presidential election held on 30 June 2002 in Bolivia brought into focus the growing disillusionment of the Bolivian people with the direction in which their country is moving. With the exception of ex-president Gonzalo Sanchez de Lozada, who is known to be a proponent of free market reforms, most of the presidential candidates who gained political ground in the pre-election campaign did so on the basis of a promised move away from the existing free market economy and towards greater government investment. They include the populist leader Manfred Reyes Villa of the 'New Republican Force' and former president Jaime…