Effects of Globalisation on Bolivia in the last 5 years PowerPoint Presentation

Effects of Globalisation on Bolivia in the last 5 years - PowerPoint Presentation Example In the 2009 elections, he again came in to power by winning the election with a huge margin and now making attempts to change the system of his country. Figure 1: Map of Bolivia Source: Central Intelligence Agency. The World Fact Book, 2011 Bolivian Economy: Bolivia is among the poorest and the most undeveloped country in the Latin American region. There was a devastating economic crisis in Bolivia in the early 80s but then the economic reforms were made which improved the economy as well as reduced the poverty in the country. In the time period between 2003- 2005, there was political disturbance in the country along with racial clashes mainly on the issue of export of natural gas to northern hemisphere region. In 2005, newly elected government passed the hydrocarbon law according to which the royalties were raised significantly resulting in the withdrawal of all the local companies from the sector and foreign companies started to operate in the country. In 2008 due to higher rates o f oil and gas, the surplus was significantly higher but in the later years, the economy started to decline due to following factors; i. Global Recession. ii. Decreased prices of oil and gas worldwide. iii. Poor infrastructure of the country. iv. Economic sanctions imposed by USA on Bolivia. a. GDP: Figure 2: GDP from 2000-2009 Source: Index Mundi, 2008. b. Exports and Imports: The main exports of the country include natural gas which constitutes the main financial reserve of the country and apart from this; the other exports include soybeans, crude petroleum, zinc ore and tin. Major countries which are involved in importing these items from Bolivia are Brazil which constitutes the largest export partner of Bolivia followed by USA, Japan, Columbia, South Korea and Peru. Main imports of the country include petroleum products, paper and plastics, aircrafts and their parts, ready to serve foods, automobiles and insecticides. The main partners in imports are Brazil, Argentina, USA, Chile and Peru. Figure 3: Exports of Bolivia Source: www.amchambolivia.com Figure 4: Imports of Bolivia Source: Index Mundi, 2008. c. Investment Opportunities: Direct Foreign Investment (DFI) is the main contributor to the growth in the private investment sector in the country. It has grown from 169 million US$ to about 1,000 million US$ in just seven years from 1992 to 1999. It represents about 10% of the GDP. The rapid increase in DFI in these years was basically due to process of privatization which was completed in 1999 and afterwards the DFI started to fall. In addition to this, the economic conditions got better in the neighboring countries and as a result, the DFI fell further in the years after 1999. The government from 2005 is working to have good economic conditions which support the interests of foreign investors. As a result of this commitment, irrespective of the social and political unrest in the country, GDP has grown to about 4% in last seven quarters. The overall deficit had narrowed and there was a surplus of 4.2% in 2006, the main reason for this improvement is the government policy about the hydrocarbon sector increasing its exports. Other factors include better revenue system as well as reform in

Ways of Seeing Essay Example | Topics and Well Written Essays - 500 words - 1

Ways of Seeing - Essay Example This paper outlines that ways of seeing has seven essays that have been divided into two major forms. This includes; four essays that use words, images, and the remaining three that uses only images to illustrate given information or an idea. This book /video categorically illustrates that ‘seeing comes before words’. The way the child looks and recognizes before he or she can speak is an example that justifies the illustration that states that seeing comes before words. In another scenario, ways of seeing establishes the place in the surrounding world. We usually see the sun set in the evening and justify that the earth is turning away and this shows that explanation behind the scenario never quite fits the vista within our eyes. According to Fuery and Kelli, the key of dreams painting presentation shows how a gap exists between words and seeing.   From this essay it is clear that various scenarios have been portrayed in this book in regards to ways of seeing. The method of seeing however, encounters changes on an image perception. As established by various scholars, an image either can be recreated or reproduced to represent a set of appearance hence; suggesting that we use the word since all images are man-made. In regards to valuation of an image, it is therefore known that an image gives a value in response to its representation. In regards to the national gallery, the firm has reproduced several Leonardo’s cartoons like the Virgin and Child with St Anne and St.