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Article: Americas: Bolivia - Bulls In The High Country - Jane Monahan In La Paz Explores The Paradox Of Radical Evo Morales Boosting The County's Banking Sector.
- Article from:
- The Banker
- Article date:
- October 1, 2006
- Author:
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Byline: JANE MONAHAN
If it was just officials in the 10-month old Bolivian government of President Evo Morales who expressed optimism about the landlocked country's prospects, it might not be so convincing. But central and private bankers, businessmen, academics and (some) foreign investors are also confident about the future of South America's poorest country and its possible industrial take-off.
There are two reasons behind this optimism. One is that, after years of disturbances, and weak and often corrupt governments, the country is stable politically and socially. This stems principally from Mr Morales winning an outstanding 54% of the vote in ...