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Development Profile of Bolivia University of Westminster Economics of Development Module Leader: Karen Kufuor Date: April 11th, 2005 Author: Patricia Fabro 04207467 Email: patricia_fabro@hotmail.com Address: 79, Fitzjohns Avenue NW36PA Hampstead, London Word count: 2925 Contents: Section A............................................................................................ p. 3 1. Short summary.....................................................................................p. 3 2. Income level in relation to other developing and developed countries...,,................p. 3 3. Economic structure and economic performance..............................................p. 5 Section B International trade / foreign direct investment and development........p. 6 1. The New Economic Policy (NEP).............................................................p. 6 2. Trade...............................................................................................p. 7 2.1. Memberships of organisations...............................................................p. 7 2.2. Trade balance.................................................................................. p. 7 2.3. Traded goods and trading partners.......................................................... p. 9 3. Foreign direct investments .....................................................................p.10 3.1. Evolution of FDI ...............................................................................p.10 3.2. Investment resources..........................................................................p.11 3.3. FDI by sector...................................................................................p.12 4. NEP and poverty reduction.....................................................................p.14 4.1. Poverty rates and inequality..................................................................p.14 4.2. Per capita income growth and inequality...................................................p.15 Section C.............................................................................................p.16 Conclusion...........................................................................................p.16 Bibliography.........................................................................................p.17 Section A 1. Short summary Bolivia is one of the poorest countries in the western hemisphere with a per capita income of under US$ 1000. Bolivia is highly indebted and depends on...

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