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Bolivia is named after the independence fighter Simón Bolívar who gained independence from Spanish rule for Bolivia in 1825. There have been almost 200 coups and counter-coups since then. Bolivia is South America’s poorest country, with 70% of its 8.6 million inhabitants living in poverty and 25% who are malnourished. Its indigenous population, over 50% of the total, are routinely discriminated against and are among the poorest.
It is this grinding poverty that led to massive protests in April 2000 in Bolivia’s third largest city, Cochabamba. It was a response to the effects of the takeover of the water system by a subsidiary of the US multinational, Bechtel Corporation. The huge price increases for drinking water which they implemented forced some of the poorest families in South America to literally choose between food or water. A popular uprising against the company, repressed violently by government troops, left one 17-year-old boy dead and more than a hundred people wounded. In April 2000 Bechtel was finally forced to leave but in November 2001 it filed a legal demand for US $ 25 million against the Bolivian people – demanding compensation for its lost opportunity to make future profits.
All figures are from January 2004.
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Official Name:
República de Bolivia.
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