Bolivia Flashcards
Why did Evo Morales want to make changes when he got into power?
He wanted to undo 20 years of privitisation and the influence of the IMF’s conditions.
What did Evo Morales do in regards to resources?
He nationalised resources with the profits going to the government rather than private shareholders
What did Evo Morales reduce?
Primary exports to boost domestic manufacturing of previously imported goods
Who did Evo Morales redistribute wealth to?
The peasant classes by guarenteeing prices for food products
What did Evo Morales’ changes improve?
Improved education enrolment, healthcare, pensions and incomes
What did Evo Morales’ changes decrease?
income inequalities and lower government debt
What drove sustained annual growth in Bolivia?
The demand for domestically manufactured goods
What percentage of annual growth happened between 2006 and 2015?
5%
