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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 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 ...
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]
On November 10, Bolivian president Evo Morales -- who was elected by 61 percent of the population in 2014 -- was removed from power via a coup d'etat.In the days since, progressive politicians ...
Definitions of the poverty line vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Even among rich nations, the standards differ greatly. Thus, the numbers are not comparable among countries. Even when nations do use the same method, some issues may remain. [10]
Corruption in Bolivia is a major problem that has been called an accepted part of life in the country. [1] It can be found at all levels of Bolivian society. Citizens of the country perceive the judiciary, police and public administration generally as the country's most corrupt. [ 1 ]
According to the U.S. Census Bureau, in 2022, Mississippi, West Virginia, Arkansas, Alabama, New Mexico, Oklahoma, and Louisiana had the highest poverty rates in the U.S. at over 15% each. See ...
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 ...