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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 ...
The country's second largest city, Santa Cruz de la Sierra, relatively successfully manages its own water and sanitation system by way of cooperatives. The government of Evo Morales intends to strengthen citizen participation within the sector. Increasing coverage requires a substantial increase of investment financing.
The countries with the highest inequality in the region (as measured with the Gini index in the UN Development Report [18]) in 2007 were Haiti (59.5), Colombia (58.5), Bolivia (58.2), Honduras (55.3), Brazil (55.0), and Panama (54.9), while the countries with the lowest inequality in the region were Venezuela (43.4), Uruguay (46.4) and Costa ...
This has been Michaela’s reality since she was diagnosed with severe autism at age 2 in La Paz, Bolivia. Perez has worked tirelessly to improve her daughter’s life. ... So to give Michaela ...
Evo Morales, elected Bolivia's president in December 2005, convinced poor and middle-class voters that his promised social revolution would overcome establishment corruption. [4] Increased revenues from the exploitation of Bolivia's rich natural resources helped improve macro-economic performance during the decade between 2002 and 2012.
But as a city, we need to look up from the phones that desensitize us. When a psychotic homeless man with multiple arrests pushed Michelle Go in front of a train at the Times Square Station in ...