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Turnabout in Bolivia as Economy Rises From Instability
New York Times 02/16/2014
President of Bolivia Claims Victory in Election
New York Times 10/12/2014
Grouped Articles
Turnabout in Bolivia as Economy Rises From Instability
New York Times 02/16/2014
President of Bolivia Claims Victory in Election
New York Times 10/12/2014
Brazil's international reserves of $14 billion are the highest of any country including China as a percentage of GDP. For Bolivia it provides a cushion of 14 months of imports. The country's income from natural gas exports to Brazil and Argentina is flowing to a new middle class, as the percentage of people in poverty decline from the 38% the year before Morales took office in 2005 to 24% in 2014. Following a different strategy from that recommended by the IMF, Morales is now seen favorably by the IMF and World Bank's representatives who call his policies prudent. It shows the need for flexibility in fresh thinking for the IMF and the World Bank considering local conditions and needs and avoiding standardized approaches.
Grouped Articles
Turnabout in Bolivia as Economy Rises From Instability
New York Times 02/16/2014
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
President of Bolivia Claims Victory in Election
New York Times 10/12/2014
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