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Sunday, April 10, 2011

Bolivia today: an exchange http://isreview.org/issues/76/debate-bolivia.shtml

Despite the fierce resistance it faced from day one, domestically and internationally, the Morales government has implemented numerous measures: strengthening anti-imperialist alliances with other governments and movements; expanding indigenous rights; eradicating illiteracy; providing greater access to education and health care; and reducing poverty.8 Most importantly, it has fostered a powerful sense of indigenous pride expressed through the now commonplace idea that the most marginalized and oppressed not only can govern the country, but can do so better than those who have come before. Webber’s misleading claims aside, change has also occurred in the economic sphere, starting with the fact that government policy is no longer dictated from Washington. 

The Morales government has pursued a line of increasing state intervention, expanding infrastructure, finding alternative trading partners to counter U.S. sanctions and loss of trade preferences,9 dealing with the drop in remittances from overseas, and successfully steering the country through the world economic crisis.10 The response by foreign capital is far from the jubilation that one would expect if the government were implementing “reconstituted neoliberalism.” For example, since the failed coup attempt, net Foreign Direct Investment has plummeted from U.S. $253.2 million in the first quarter of 2008 to U.S. $45 million in the same period in 2010.11

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