Evo Morales Bolivia Case Study Example | Topics and Well Written Essays - 1500 words

Evo Morales Bolivia - grapheme Study ExampleMany refer to El Alto as La Pazs shanty town. The absolute majority population in Bolivia is Aymaras or Quechuas Indian from the original nations of the Andes (Brea, 2007). The majority in Bolivia are short(p) autochthonous peoples.He visited many nations who have established socialist agendas within their countries. Those visited include Venezuelas Hugo Chavez and Cubas Fidel Castro. The goal of those visits was to align Bolivias establishment with other successful socialist states. A result of those visits was economic aid from Venezuelas Hugo Chavez. Morales political party (Movement for Socialism) rejects the neo-liberal policies and capitalism of the United introduces in favor of a socialist political sympathies that focuses on improving the welfare of either Bolivians. The focus of Morales political campaign had been in support of indigenous rights. In his inaugural address Morales verbaliseThe 500 years of Indian resistance have not been in vain. ... 2. Economic Policies and Nationalization champion of Morales first moves was the nationalization of Bolivias hydrocarbons. Prior to nationalization international companies took the majority of profits and left the Bolivians with a pure 18% of the profits. Bolivias Gas War began with the peoples protesting against privatization of Bolivias natural resources. Although past presidents had declared Bolivias natural resources as property of the State (Martinez, 2007) Bolivias trackers hold outd to bow down to the International Monetary Funds (IMF) mandated reforms. Thus, Bolivias resources were sold with profits going to foreign corporations in the oil and bluster business (82%) (Martinez, 2007). 89% of Bolivian voters requested that the political relation take statement of Bolivias natural resources (Martinez, 2007).Many believe that Evo Morales nationalized Bolivias natural resources by following Venezuelas Hugo Chavezs lead. In fact Morales actually f ollowed Norways lead in nationalizing their oil resources. Norways government receives 90% of the revenue generated by the sale of oil (Martinez, 2007). In addition, Norways government owns the most shares of the States oil company.Despite nationalization, private companies that received the 82% of profits prior to nationalization continue to operate within Bolivia receiving lower profits (including Exxon-Mobile, a U.S. Corporation). The Bolivian government did not seize assets of companies workings within Bolivia, just the higher cut of the profits generated by the sale of oil and natural gas by these companies.The profits from oil and gas sales have been used by the Bolivian government to improve the educational system within Bolivia and make available low/no interest loans to the poor to