Bolivia: dilemmas of a landlocked country

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Bolivia is, and has long been, dependent on extraction of minerals and hydrocarbons for economic survival. From 2003-13 Bolivia benefited greatly from high energy prices. In contrast to past periods of commodity bonanza, Bolivia has spent this windfall wisely and stands to weather the downcycle with high reserves and low levels of debt. Bolivia is also seeking to diversify its economy and add value to its exports of energy. As mentioned in a previous post (http://www.energyfuturelatam.net/2016/02/22/what-next-for-bolivia/) the government is carrying out plans to build up its petrochemical capability with an ammonia and urea plant and a liquids separation plant that will produce LPG for ...

What next for Bolivia?

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On Sunday, February 21, Bolivians went to the polls to decide in a nationwide referendum whether they would authorize a constitutional amendment to allow the president a second consecutive re-election or cap Evo Morales' tenure as president at the end of his current term in 2019. As of close of business on Monday the results are too close to call. It could take a couple of days to count each and every ballot. But regardless of the result, Bolivia is entering a new era of lower energy prices and tougher political choices. Evo Morales was first elected president in 2006. Since ...