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Bolivia
Done by Ernest and Zee Dat
Location:
Central South America, southwest of BrazilGeographic coordinates:
17 00 S, 65 00 WMap references:
South AmericaArea:
total: 1,098,580 sq km
land: 1,084,390 sq km
water: 14,190 sq kmArea - comparative:
slightly less than three times the size of MontanaLand boundaries:
total: 6,743 km
border countries: Argentina 832 km, Brazil 3,400 km, Chile 861 km, Paraguay 750
km, Peru 900 km
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Human , economic development
indicators
Economy - overview:
Bolivia, long one of the poorest and least developed Latin American
countries, reformed its economy after suffering a disastrous economic crisis in
the early 1980s. The reforms spurred real GDP growth, which averaged 4
percent in the 1990s, and poverty rates fell. Economic growth, however,
lagged again beginning in 1999 because of a global slowdown and
homegrown factors such as political turmoil, civil unrest, and soaring fiscal
deficits, all of which hurt investor confidence. In 2003, violent protests against
the pro-foreign investment economic policies of President SANCHEZ DE
LOZADA led to his resignation and the cancellation of plans to export Bolivia's
newly discovered natural gas reserves to large northern hemisphere markets.
Foreign investment dried up as companies adopted a wait-and-see attitude
regarding new President Carlos MESA's willingness to protect investor rights
in the face of increased demands by radical groups that the government
expropriate foreign-owned assets. Real GDP growth in 2003 and 2004 helped by increased demand for natural gas in neighboring Brazil - was
positive, but still below the levels seen during the 1990s. Bolivia remains
dependent on foreign aid from multilateral lenders and foreign governments.
The industry sectors
• Bolivia Industries: Mining
• Bolivia’s mining industry gave a major boost to the Bolivian economy
in 2009. The mining industry grew 13% in 2009 and the growth was
attributed to the increase in production by various state run
companies. The mining industry contributed 4% to the GDP and is
expected to consolidate the economic recovery in 2010. During the
recession, the prices of minerals in the international markets fell to
record lows. However, with the rise in prices of zinc, tin and nickel in
2009, the Bolivian mining industry performed beyond expectations.
Bolivia’s economy grew by 3.11% in H1 2009 and by December 2009,
the figure rose to 3.78%. The mining industry was a major force
behind this recovery, aided by the rising prices of minerals. With the
prices of zinc and tin expected to rise further, the Bolivian mining
industry is expected to contribute even further.
Economic indicators
Life expectancy in bolivia
Bolivia’s Geographical location
Religion
Percenta
ge
Catholic
81.6%
Evangeli
c
10.3%
Pentecostal, Non-Catholic Charismatic
No
religion
3.3%
Secular, Atheist
2.6%
Historic Protestant - Adventist, Baptist, Calvinist,
Salvation Army, Lutheran, Methodist, Nazarene,
Presbiterian
Protesta
nt
Notes
Mormon
and
Jehovah'
1.7%
s
Witness
es
Non
0.4%
Christian
Bahá'í Faith, Jewish, Muslim, Buddhist, Hindu
Tradition
al
0.1%
religions
Native religions
The Population in Bolivia from 19952050
2000
2005
2010
2020
2050