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Bolivia's Decade of Steady Growth Under Pres. Evo Morales

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The World Bank's latest report shows that Bolivia's economy grew around 6.5% last year, making more than other nations like Peru or Uruguay. This economic growth is reflected in the reduction of poverty and inequality. In 2002, almost 63% of the population was considered poor, while the number in 2011 was only 45%. The Gini Index also fell from 0.60 to 0.46 and the public debt declined from 94% of the GDP in 2003 to less than 40% last year. On top of that Bolivia's international reserves increased 140%. Not bad for a place considered to be Latin America's poorest country.

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At www.latinamericanradar.com

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