Nobody downloaded yet

A'state of play' assessment of the investment climate in Bolivia - Essay Example

Comments (0) Cite this document
Although a beautiful land, Bolivia is full of contrasts. It is a land of churches and lush greenery. Situated in the Amazon basin in South America, it is surrounded by forests and swamps. It is rich in flora and fauna but this is getting spoilt due to travelers' apathy although the government is trying to organize for better tourist culture and preservation of the topography and culture.
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
Astate of play assessment of the investment climate in Bolivia
Read TextPreview

Extract of sample "A'state of play' assessment of the investment climate in Bolivia"

Download file to see previous pages But it is unable to exploit these natural reserves due to political instability and anti-privatization sentiments. There is literacy rate of 87%.
Chiquitania is located in the eastern parts of Bolivia and it is a peaceful place composed of a unique culture and history. Although modernization is taking place, its pace is slower than what it should be. Corruption and red tape is responsible for the slow growth. Bolivia is one of Latin America's poorest countries where education and health are below the regional average. The roads, water supply, and telecom services are of poor quality (Bolivia Microeconomic Constraints and Opportunities for Higher Growth, p6).
Chiquitania has tremendous potential for the tourism industry. But it is bogged down due to frequent road stoppages and poor road system. Hitherto, political conditions and bureaucratic requirements have discouraged tourism from reaching its peak level. Of course, the government may not be keen to push tourism at the cost of environmental degradation. Nevertheless, the overall economic climate is not favorable to industry.
Of the industries present in the market in a study in 2000, tourism is conspicuous by its absence. There is no mention of tourism anywhere. Or if it is there, it is in the informal sector. Officially, tourism is almost non-existent (See Fig.3).
Foods and drinks take the first spot, followed by furniture. The Bolivians like to eat and drink. They also have fondness for furniture. However, the zeal to push tourism is nowhere in the scheme of things for them.
The real problem lies in the nature of the market in Bolivia. The size of the formal market is significantly smaller than the informal market. The problems in formalizing business far outweigh the benefits. Formidable bureaucratic controls including corruption choke a layman's inclination to run a legitimate business. Information to run business on statutory guidelines is lost in the maze of bureaucratic controls. Also, the cost to run a legitimate business is high due to taxes and other expenses.
The problem is not isolated to tourism alone. It is faced by every industry. This has given rise to tightly regulated market where much of what is manufactured is consumed by the department itself. There is little scope for exports. For instance, in La Paz 70% of the sales was consumed within the city in the year 2000. So also in the cases of Santa Cruz and Cochabamba it was 74% and 51% respectively. Poor transport infrastructure is the main cause for the lack of exports by the firms to other regions.
Figure 1
First of all, lack of political stability does not allow for big time investments. Then there is the tight bureaucratic control over formally establishing and maintaining tourist spots.
Macroeconomic stabilization, trade ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“A'state of play' assessment of the investment climate in Bolivia Essay”, n.d.)
Retrieved from
(A'state of play' Assessment of the Investment Climate in Bolivia Essay)
“A'state of play' Assessment of the Investment Climate in Bolivia Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF A'state of play' assessment of the investment climate in Bolivia

Taking Education Reform Global. (country Bolivia)

...of agriculture would be of immense help in enhancing the food production and the new course curriculum must incorporate those specific advanced practices of agriculture that suit the agro-climatic conditions of Bolivia. Moreover, the incorporation of these practically useful measures would help us in convincing the government of Bolivia in giving permission for the establishment of new educational institute. The inclusion of several new courses related to new frontiers of science and technology would be of significant use in shaping the new educational organization as a special and unique one compared to the existing institutions and the government of Bolivia would...
5 Pages(1250 words)Essay

Country with high mortality: Bolivia a 28th country in the world by its size (CIA, 2012). Due to its large area and the presence of the Andes Mountain, Bolivia’s climate ranges from pine trees to palm trees (Gritzner & Gritzner, 2004, p.9). However, despite its size, Bolivia has no exit to the ocean (CIA, 2012). Moreover, arable land covers only 2.97 percent of total land area (CIA, 2012). Population  In 2012, there were over 12 million persons living in Bolivia (CIA, 2012). However, there are large minorities present, with the whites being a minority: Quechua comprise 30 percent; mestizo, or offspring of white and Amerindian ancestors, comprise 30 percent; Aymara comprise 25 percent; and whites of...
7 Pages(1750 words)Research Paper

Assessment of Mental State for Insanity Plea

...? Assessment of Mental for Insanity Plea In most of the criminal trials, there is a form of defense where defendantsoften claim that they are not responsible for the actions due to some mental problems that are health based. This calls for forensic psychologists to evaluate the scenario and determine whether the claims are genuine or non-genuine. This paper is going to analyze an abbreviated literature review on assessment of mental state for insanity. Assessment of Mental State for Insanity Plea Introduction Forensic psychology involves justice system and psychology. In most cases, forensic involves deep comprehension of criminal law in the relevant field in order to be in a position to work together in a suitable manner... the forensic...
9 Pages(2250 words)Research Paper

China's economic impact on Bolivia eliminate counterfeit products (Han, Suk, and Chung). Moreover, they consider counterfeit copies of their products as a type of viral marketing. In the past, luxury firms have stated that going after counterfeiters would negatively affect their profits because it would result in ‘brand confusion’ (Han, Suk, and Chung). Some counterfeiters are quite adept at creating near similar products. Today’s sophisticated technologies allow counterfeiters of products such as hair gels and shampoos to create convincing products and packages. In such cases, only a chemical test- something that is not common in Bolivia- would allow for government employed anti-counterfeiting agents to ensure if a product is a...
8 Pages(2000 words)Essay

Evo Morales Bolivia

...of Investment Disputes). "The ICSID is used by U.S. and European corporations to counter efforts by developing countries to re-nationalize natural resources" (James, 2007). In addition, Morales' government has requested the extradition of former Bolivian president Gonzalo Sanchez de Lozada so he can be tried on charges that he ordered troops to fire on protestors (killing many). The Unites States has not cooperated and has not consented to Lozada's extradition to Bolivia. Lozada currently lives in Washington D.C. (Capital of the United States). Morales wants the United States to close its Office of Transition Initiatives (OTI) in...
6 Pages(1500 words)Case Study

Business Environment and Investment Climate

...their own decisions as to how many to produce and what price to charge. Investors want to make profits, and they do not want anyone other than the buyers of the goods to dictate at what price they can sell and how many to sell. In general, they prefer that they enter markets where they can compete on the basis of price and quality, rather than enter a market where prices are fixed by the government, because this affects the profits they could earn in that market. A-Q2. Why do some people believe that not everything can be left to the free market, but that governments also have a role to play in encouraging a positive "investment climate" One problem with the free market is that...
20 Pages(5000 words)Coursework

WBA Assessment: Gulf Investment Bank Bahrain

...WBA Assessment: Gulf Investment Bank – Bahrain BY YOU YOUR ACADEMIC ORGANISATION HERE HERE HERE Gulf Investment Bank – Bahrain Introduction The business and socio-cultural environment in today’s Bahrain points out several opportunities for business growth. As an emerging economy, Bahrain maintains a wide variety of consumer demographics who are willing and able to buy products as well as the existence of foreign direct investment which occurs in the establishment of new technologies and new corporate headquarters for a variety of businesses. The Gulf Investment Bank (GIB), one of the largest wholesale lenders and investment firms in...
11 Pages(2750 words)Essay

Individual Assessment of a Mediation Role Play

...their mother in their homes for six months each time of the year. What you did well: I explained what the dispute is all about since it is already a given in the problem. What you would do differently: I assumed that both parties understood the problem already that I did not ask for clarifications or entertained any questions. What was your experience as a disputant in the mediation role play? What did you learn from this experience? My first hand experience in the negotiation process taught me that being “too aggressive” in a negotiation can put the other party in a defensive position that instead of agreeing, they will dig in deeper in their position. I thought that by making them appear “bad” and by using the word...
2 Pages(500 words)Essay

Climate explain the reason of the global warming such as the cycle of sun spots and changes in Earth climate, natural variability of the climate or changes due to human activity. Sun Spots and Sun cycle Mann states that as per some climatologists, the main source of global warming is the sun spots and the 11 year Sun–cycle. The energy output of the Sun varies considerably depending on the abundance of some isotopes of beryllium or carbon atoms and number of sunspots. But, as per the evidence that is available, there are no long-term changes in output of the Sun’s energy in the past century (US National Academy of Sciences & the Royal Society, 2008). Natural Variability As per the other...
2 Pages(500 words)Assignment


...of harassment such as the violation of their privacy regarding their communication (Mann, 2012). They are also accused regarding their bias against the fossil fuel industry while studying the climate change. But, the evidence gathered by the scientific community all over the world points towards the same conclusion. One of such authoritative work is produced by IPCC or Intergovernmental Panel on Climate Change. Since 1988, this panel has produced 4 assessments that covered 1990, 1993, 2001 and 2007 years and covered various impacts, scientific theories and analysis of the policy options (US National Academy of Sciences & The Royal Society, 2008). Conclusion Global warming is one of the...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic A'state of play' assessment of the investment climate in Bolivia for FREE!

Contact Us