Bolivia

Paper Summary:

This paper discusses the political and economic background of Bolivia. The paper describes Bolivia's long-standing economic dependency on America and the realization that this is an obstacle to the betterment of the future of the country. The neo-liberal path to capitalism is examined in the paper through an overview of the social, economic, and political problems of Bolivia.

From the Paper:

"Bolivia is located in Central South America, to the South West of Brazil. (Bolivia, Geography) Bolivia will always continue to remain in a place where it is dependent on cocoa, on Washington, and under severe economic pressure from all sources, including the very shape of its political and its economic institutions. Even its new liberal model has come under pressure, and it is generally believed that this model would serve the purpose of a testing ground for the way in which it would cope with the ongoing problems of not only social but also political exclusion. Al Gore has categorically stated that Bolivia would be a perfect example of improvement and also that the 'entire world is marching on the Bolivian road', but the reality is that Bolivia is one of the poorest country in entire South America, and is faced with the very real problems of economic dependence, impoverishment and economic underdevelopment. Sanchez de Lozada remains loyal and faithful to Washington, but the fact is that this could in fact prove to be his undoing, as more and more Bolivians are coming to the realization that the United States of America has become an impediment to the betterment of their futures. (Nicholls, 2003)"

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