Word: bolivians
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...longer true. In 1998 the richest 10% of Latin America's population earned 40% of the income; by 2003 it had jumped to 48%. A third of the population earns less than $2 a day. "We have been living through a schizophrenic period," says Carlos Toranzo, a Bolivian political analyst. "We have more democracy, more respect for human rights but also increased inequality and higher unemployment." And the popular blame is being directed at what many in Latin America think of as the sponsor of globalization, the U.S. "I've not seen anything quite like this sudden loss of face...
...first peaceful constitutional change of government in 25 years should have been a signal event in Bolivian politics. But the way in which the new President was selected cast a pall over last week's inauguration ceremonies for Víctor Paz Estenssoro, 77. Paz Estenssoro had narrowly lost the popular vote in the July 14 election to former President Hugo Banzer Suárez, 58. But because neither candidate drew more than 50% of the vote, the final choice was left to Congress. Although both men proposed similarly conservative programs, leftist legislators saw Paz Estenssoro as the lesser of two evils...
...collapse of the cartel would hurt some producers much more than others. Guillermo Bedregal Gutierrez, the Bolivian Planning Minister, says the fall in tin prices could cost his poverty-ridden country $180 million a year in lost foreign-exchange earnings. But Thailand and Malaysia have managed to cushion themselves against the recent market glut and falling prices by steadily diversifying their economies...
...realm of political defeats, last month’s no-confidence vote in University President Lawrence H. Summers probably ranks somewhere below the Bolivian government’s execution of Ernesto “Che” Guevara...
...realm of political defeats, last month’s no-confidence vote in University President Lawrence H. Summers probably ranks somewhere below the Bolivian government’s execution of Ernesto “Che” Guevara...