Bolivia

BOLIVIA FTW (:

Delegates: Julia and Ashley


 * __BOLIVIA__**

Located in South America, land locked __Official Name__: The Plurinational State of Bolivia __Government__: Republic (the new constitution defines Bolivia as a "Social Unitarian State"). Country with the highest elevation (in South America) __Language__: Spanish __Approx. Population__: 9,247,816 __Economy Overall__: one of the poorest countries and least discoveries in Latin America. It had a disastrous economic crisis in the early 1980s. 2003 - 2005 was characterized by political instability, racial tensions, and violent protests against plans to export Bolivia's newfound oil reserve which was subsequently abandoned. After higher prices for mining and hydrocarbons exports produced a surplus in 2008, the recession slowed growth in 2009. A decline in commodity prices that began in late 2008, a lack of foreign investment in mining and hydrocarbons, a poor infrastructure, and the suspension of trade benefits. Has the lowest GDP per capita in South America ($4400), relatively poor country. Since 1985, "macroeconomic stabilization and structural reform" was implemented to maintain "price stability, creating conditions for sustained growth, and alleviating scarcity". Rich in natural resources (tin is a major source of income) __Country's Independence Day__: 6 August 1825 (from Spain) __Dominant Religion__: Roman Catholics __Date joined UN__: 14 November 1945 __Bordered by__: Brazil, Paraguay, Argentina, Chile, and Peru __Natural Allies__: Brazil

CIA - The World Factbook = [] Wikipedia Overall Description about Bolivia = []
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