Analysis Of The Plurinational State Of Bolivia

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The current paper focuses on the analysis of the Bolivia’s place in the global relations and the global economy. It is important to note that Bolivia or the Plurinational State of Bolivia is a South American country, situated in the western part of the continent. The country borders with Chile, Brazil, Peru, Argentina, and Paraguay. Bolivia is a unitary presidential republic with Evo Morales as a President. The country has a democratic government with the Asamblea Legislativa Plurinacional as the fundamental legislative branch of power. The executive power is held by the President while the juridical branch is maintained by the Supreme Court. There is also a non-traditional branch of power, which is the Plurinational Electoral Organ. The aim …show more content…
He became President ten years ago. However, he continues to hold the power in his hands in spite of the powerful opposition. The interesting fact is that he is the first indigenous President of Bolivia. His policies are based on the support of the cultural diversity, protection of the national economy, and improvement of the Bolivian position in the hemisphere. The role of Evo Morales in the understanding of the current international relations of Bolivia is extremely big. He has built his image on the cultural opposition towards the influence of the U.S. and protection of the local culture. For instance, he made the chewing of coca leaf constitutionally legal in spite of the world’s disagreement with such drug policies. Thus, the Bolivian leader is able to oppose the external pressure in order to conduct his vision of the nation’s …show more content…
His leftist political project implies the necessity to reduce power and decrease the impact of the international corporations on the processes of economic development. Evidently, Bolivia is highly dependent on the hydrocarbons industry. Therefore, Evo Morales decided to raise taxes for the companies working in this high-profitable sphere in order to accumulate costs for social projects, such as the struggle against gender and ethnic discrimination and development of the qualitative educational system for all citizens of Bolivia according to Ari (2013). The President reversed the taxes on profit from 18 percent to 82 percent. Moreover, he started the process of nationalization of the enterprises in such strategic spheres as railroads, mining, and metallurgy. As a result, Bolivia achieved significant macroeconomic strength in spite of the refusal to participate in such projects as Free Trade Area of the Americas. This result was especially important due to the fact that Bolivia was the poorest nation in South American in the middle of

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