World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
Bolivia's Eva Morales and economic recovery with prudent fiscal management
02/16/2014
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
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us