Search results
Results from the WOW.Com Content Network
The World Bank's Gini coefficient indicates that income inequality in Bolivia, estimated on the basis of size-adjusted household data, increased by almost ten percentage points between 1992 (49.1) and 1997 (58.2), where a value of 100 percent corresponds to the maximum income inequality and a value of zero percent to the minimum.
Bolivia was one of the poorest countries in South America, but between 2006 and 2014, GDP per capita doubled and the extreme poverty rate declined from 38 to 18%. [21] This represents a great improvement in comparison to the situation by 2005, diminishing poverty from 59.6% to 38.6% in a decade. [22]
Bolivia is a beneficiary of the Heavily Indebted Poor Countries (HIPC) and Enhanced HIPC debt relief programs, which by agreement restricts Bolivia's access to new soft loans. Bolivia was one of three countries in the Western hemisphere selected for eligibility for the Millennium Challenge Account and is participating as an observer in free ...
WASHINGTON (Reuters) -The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural ...
According to a study by the World Bank, the richest decile of the population of Latin America earn [14] 48% of the total income, while the poorest 10% of the population earn only 1.6% of the income. In contrast, in developed countries, the top decile receives 29% of the total income, while the bottom decile earns 2.5%.
In 1996 the IMF and the World Bank created the HIPC Initiative (Heavily Indebted Poor Countries), to lower the high debts acquired by the poorest states in the world. [14] Bolivia qualified for adjustments and was able to forgo a portion of its debt. On September 9, 1997 the IMF approved Bolivia's debt relief program by relinquishing around ...
The Argentine government and members of Bolivia's opposition demanded answers Monday following the sealing of an opaque defense agreement between Iran and Bolivia that raised concerns in South ...
Image credits: Competitive_Bag3933 #2. Being poor is very expensive. For example, if you're unable to afford to pay a speeding ticket, it will accrue late fees, making it even harder to pay off.