Report on the Economy During the Morales Administration

Dec 10, 2009 – In December of 2009, Mark Weisbrot, Rebecca Ray and Jake Johnston of The Center for Economic and Policy Research (CEPR) an independent, progressive and nonpartisan economic think-tank based in Washington D.C, published a report on the Bolivian economy during President Evo Morales first term presidency since  he took office in 2006. The report finds that Bolivia’s economic growth in the last four years has been higher than at any time in the last 30 years, averaging 4.9 percent annually since the current administration took office in 2006.Bolivia has been able to progress despite falling remittances, declining foreign investment, the United States’ revocation of trade preferences, serious bouts of political instability as a result of separatist political opposition movements, and recent declines in export prices and markets, along with other impacts of the global recession.  

For the full report please visit:

http://www.cepr.net/documents/publications/bolivia-2009-12.pdf

Source: Bolivia UN.org

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