Republic of Bolivia

1
Republic of Bolivia
Republica de Bolivia Capital La Paz, Sucre
Babawande Afolabi
2
The Bolivian Basics

• Government Republic (Democracy)
• President Juan Evo Morales Ayma, Alvaro Garcia
  Linera (VP)
• Currency Boliviano (BOB)
• Natural Resources Tin, natural gas, petroleum,
  zinc, antimony, silver, iron
• Exports Natural gas, Soybeans and soy products,
  zinc ore, tin
• Partners-in-exports Brazil 44.2, US 12.5,
  Argentina 10.9, Colombia 7.8, Peru 4.8
• Imports Petroleum products, plastics, paper,
  aircraft and aircraft parts
• Import Partners Brazil 21.9, Argentina 16.7,
  US 13.8, Chile 6.9, Peru 6.5, Japan 6.1,
  China 5.8

3
The Bolivian Geography/Demography

• Area 1,098,580 sq km
• Population 9,119,152
• Population Density 8.3/km2
• Population Growth Rate 1.42
• Net Migration Rate -1.18 migrants/1000
  population
• Life Expectancy 66.19 years (total population),
  63.53 years (Male), 68.97 years (Female)
• Ethnic Groups Quechua 30, Mestizo 30, Aymara
  25, white 15
• Religion Roman Catholic 95, Protestant 5
• Language Spanish, Quechua Aymara

4
The Bolivian Economy

• GDP (PPP) 27.21 billion
• GDP (Official exchange rate) 10.22 billion
• GDP (per capita PPP) 3,000
• GDP (Real growth rate) 3.3
• GDP composition Agriculture 12.8, Industry
  36.1, Services 51.2
• Inflation rate 4.3
• Unemployment rate 7.8
• Government Budget 4.153 billion (Revenue),
  3.619 billion (Expenditure)
• Current Account Balance 688million
• Public Debt 21.7 of GDP

5
Regional Free Trade Areas

• Major Trading Partners Brazil, US, Venezuela,
  Peru, Argentina, Colombia, Chile, China, Japan
• Bolivia and the International Trade Center (ITC)
  partnership
• The Andean Group
• Mercosur
• Possibility of a merger like the EU

6
Bolivias External Relations

• Bolivia has a smooth relationship with the
  United States
• The fight for the Atacama corridor (Bolivia VS
  Chile)

7
Bolivias Fiscal Policy

• Bolivia has been running a budget deficit for
  the past five years

Estimated
8
Monetary and exchange rate policy

• Banco de Bolivia and nine private banks
• Foreign participation and investment are allowed
  in Bolivian banks
• About 90 of Bolivian bank deposits are held in
  US dollars

9
Bolivias Social Policy

• Social Security privatized
• Availability of social welfare for the disabled
  and pregnant women
• Limited funds for the unemployed, underemployed
  and families in need
• A huge divide between the rural and urban
  regions
• There is also a gender divide
• Seven year educational reform

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References

• Bolivia History, Geography and Government
  (2006). Retrieved 5/15, 2007 from
  http//www.infoplease.com/ipa/A0107345.html
• Bolivia International Trade (2007). Retrieved
  5/15, 2007 from http//unjobs.org/duty_stations/bo
  livia/topics/international-trade
• CIA world factbook Bolivia. (2007), from
  https//www.cia.gov/library/publications/the-world
  -factbook/geos/bl.html
• Country Profile Bolivia (2006). Retrieved 5/15,
  2007, from http//lcweb2.loc.gov/frd/cs/profiles/B
  olivia.pdf
• Country Reports Bolivia (2007). Retrieved 5/15,
  2007 from http//www.countryreports.org/country.as
  px?countryid31countryNameBolivia
• Mercosur Trade Center (2007). Retrieved 5/15,
  2007 from http//www.mercosurtc.com/