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The economy of Bolivia is the 95th-largest in the world in nominal terms and the 87th-largest in purchasing power parity.
Bolivia's economic crisis is rooted in a complex combination of dependence on the dollar, draining international reserves, mounting debt and failures to produce products like gas, once the Andean ...
Bolivia, [c] officially the Plurinational State of Bolivia, [d] is a landlocked country located in central South America.It is a country with the largest geographic extension of Amazonian plains and lowlands, mountains and Chaco with a tropical climate, valleys with a warm climate, as well as being part of the Andes of South America and its high plateau areas with cold climates, hills and snow ...
Bolivia's economy remained reliant on commodities, therefore the price drop destabilized the economy. [8] There was a 10% decline in real GDP from 1980–85. [9] After the Bolivian government expelled its executive in 1978, the IMF and Bolivia began contracting a potential plan to re-stabilize the economy.
Arce's career has mirrored Bolivia's economic trajectory from boom to bust. He worked in the Central Bank from 1987 to 2006 and worked for Morales administering a bonanza in metals and ...
Mining in Bolivia has been a dominant feature of the Bolivian economy as well as Bolivian politics since 1557. Colonial era silver mining in Bolivia, particularly in Potosí, played a critical role in the Spanish Empire and the global economy. Tin mining supplanted silver by the twentieth century and the central element of Bolivian mining, and ...
The population of Bolivia in 2012 reached 10 million for the first time in history. The population density is 9.13 inhabitants per square kilometer, and the overall life expectancy in Bolivia at birth is 68.2 years. The population has steadily risen from the late 1800s to the present time.
Agriculture in Bolivia. Farmland rising in terraces in central Bolivia. The role of agriculture in the Bolivian economy in the late 1980s expanded as the collapse of the tin industry forced the country to diversify its productive and export base. Agricultural production as a share of GDP was approximately 23 percent in 1987, compared with 30 ...