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

Evo Morales Bolivia - Case Study ExampleMany refer to El Alto as La Pazs shanty town. The majority population in Bolivia is Aymaras or Quechuas Indian from the original nations of the Andes (Brea, 2007). The majority in Bolivia are poor indigenous peoples.He visited many nations who sport 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 government 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 States in favor of a socialist government that focuses on improving the welfare of all Bolivians. The focus of Morales political run away had been in support of indigenous rights. In his inaugural address Morales statedThe 500 years of Indian resistance have not been in vain. ... 2. economical Policie s and NationalizationOne of Morales first moves was the nationalization of Bolivias hydrocarbons. Prior to nationalization foreign companies took the majority of meshing and left the Bolivians with a mere 18% of the profits. Bolivias Gas contend 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 leaders continued to bow down to the International Monetary Funds (IMF) mandated reforms. Thus, Bolivias resources were sold with profits going to foreign corporations in the petroleum and gas business (82%) (Martinez, 2007). 89% of Bolivian voters requested that the government take control of Bolivias natural resources (Martinez, 2007).Many cerebrate that Evo Morales nationalized Bolivias natural resources by following Venezuelas Hugo Chavezs lead. In fact Morales actually followed Norways lead in nationalizing their oil colour 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 dispirit profits (including Exxon-Mobile, a U.S. Corporation). The Bolivian government did not seize assets of companies working 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 transcription within Bolivia and make available low/no interest loans to the poor to