Bolivian+Economy

**      The Bolivian economy has struggled for years. Since Bolivia is the poorest country in South America, there are obviously many problems. The boliviano, their form of currency, is steadily losing worth. The government is mired with massive amounts of debt. At the beginning of this year, Bolivia is $3.8 billion dollars in debt. One reason for this debt is because of higher tax intake by the government. Since citizens are being taxed too much, they can't afford things such as house/car payments, rent, and even food. Inflation has also attributed to widespread debt. In 2007, the  inflation level rose to an all-time high of 12 percent. The current inflation rate is still above double digits. 
 * Boliv ian Ec onomy

Bolivia is a country rich with natural resources. Bolivian exports include natural gas, soybeans, crude oil, petroleum, zinc ore, tin, coca plants (base for cocaine), and coca-based products. The coca exports would be a great source of profit for Bolivia and its citizens, but it leads to the illegal drug cocaine, which is outlawed in most countries, so many do not purchase coca plants and or coca-based products from Bolivia. Despite the large demand for oil and petroleum, Bolivian exports do not bring in sufficient amounts of money. Imports include petroleum-based products, plastics, paper, aircraft materials, automobiles, prepared food, and insecticides.