Curriculum The Economy of Bolivia
The Economy of Bolivia
Bolivia's economy: an overview, silver and tin, the 1985 hyperinflation, gas and the 2006 nationalisation, the MAS era, the boliviano peg and dollar shortage, fuel subsidies, lithium, informality and coca, politics, and a recap.
- Bolivia at a Glance Bolivia is a landlocked Andean country rich in gas, minerals and lithium, with a large indigenous population and a history of boom, bust and political change. 📄 Read-aloud
- Silver, Tin and Extractive History Potosí's silver funded the Spanish empire, and later tin mining shaped Bolivia's economy and politics. 📄 Read-aloud
- The 1985 Hyperinflation and Shock Therapy Bolivia suffered one of history's worst hyperinflations in the mid-1980s and ended it with a sudden liberal reform package. 📄 Read-aloud
- Natural Gas and the 2006 Nationalisation Under Evo Morales, Bolivia nationalised its gas industry in 2006, sharply raising state revenue and funding social programmes. 📄 Read-aloud
- Growth, Redistribution and the MAS Era From 2006 to 2019, Bolivia enjoyed strong growth, falling poverty and inequality, and stable prices under the Movement Toward Socialism. 📄 Read-aloud
- The Boliviano Peg and Dollar Shortage The boliviano has been pegged to the US dollar at about 6.96 since 2011, but falling reserves and dollar scarcity have caused parallel-market gaps. 📄 Read-aloud
- The Economy of Bolivia: Checkpoint 1 Quick checkpoint - five questions on the economy of bolivia. 5 questions
- Fuel Subsidies and Fiscal Pressure Heavily subsidised fuel costs the state a lot and, together with dollar shortages, has caused fuel queues and political tension. 📄 Read-aloud
- Lithium: Bolivia's Big Bet Bolivia has among the world's largest lithium resources in the Uyuni salt flat, but production has lagged because of technology, politics and geography. 📄 Read-aloud
- Informality, Coca and Small Business Most Bolivians work informally, in small trade, transport and family firms, and coca growing and quinoa exports also matter in rural areas. 📄 Read-aloud
- Politics, Protest and Uncertainty Political polarisation, protests and legal battles complicate economic policy, and the country faced a crisis in 2019 and shortages in the 2020s. 📄 Read-aloud
- Bolivia's Economy: Recap A recap of Bolivia's resource economy, its cycles and its choices. 📄 Read-aloud