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Number of Individuals with Internet Access: The country's population is approximately 8 million, about 40 percent of which live in rural areas.
Bolivia has the unique claim to having two national capitals, La Paz the seat of government and Sucre the seat of the judiciary. The country issquare miles, about twice the size of Texas.
The people of Bolivia suffer from various economic and social problems. Two-thirds of the population live in poverty, one of the biggest issues facing the Bolivian government. The country's literacy rate is about 83 percent, one of the lowest in South America.
There are three official languages in Bolivia: Spanish, Quechua, Aymara; about half of the population speaks Spanish as their first language. There is a huge wealth gap within the population, especially between wealthy city residents and poorer urban farmers and miners. Approximately 55 percent of the people are of indigenous descent Quechua, Aymara, or Guarani30 percent are mestizo mixed European-indigenous heritageand 15 percent are white.
The predominant religion is Catholic 95 percentfollowed by various Protestant and non-Christian religions. Like most of its neighbors, Bolivia's journalistic tradition began as an extension of Spanish colonial culture and rule.
After it gained independence from Spain inBolivia's newspapers continued to be official state publications of the new country. Various political factors created and controlled other politically oriented newspapers throughout the s, a characteristic known as caudillismo.
Today, Bolivia boasts 18 daily newspapers, most of which are published in La Paz, where the combined daily circulation is approximately 50, copies. The country's overall circulation is not very high, averaging about 55 readers per 1, people. There are several reasons for the relatively low circulation, including distribution and infrastructure problems, a high poverty rate, and the high illiteracy rate.
The volatile political nature of Bolivia has made the journalism profession often dangerous, especially for reporters. Numerous incidents over the last few years have resulted in harm to various media professionals. In staff at La Presencia —a daily newspaper in La Paz— received death threats and a bomb scare after the paper investigated a major drug trafficking story in the country.
A year later inreporter Juan Carlos Encinas was killed while covering a conflict between two companies fighting over a limestone cooperative.
Then injournalists were placed at danger while covering protests after the government closed a coca place. Other similar events, some of which have involved the Bolivian military, have also been recorded.
Despite these dangers, the Bolivian media is responsive to its obligations to its readers. Different newspapers have participated in projects highlighting civic responsibility and freedom of information.
InEl Nuevo Dia The New Day published a two-page questionnaire, "Discover if you are part of the problem," which was intended to make people think about their social responsibility to fight corruption.
This undertaking was part of a larger project to promote democracy in Bolivia. Economic Framework Bolivia is the poorest country in South America. Recovering from severe recession in the s, it enjoyed moderate growth in the s, until the economy slowed down after the Asian financial crisis in Periods of hyperinflation over the last two decades—which peaked at 24, percent—caused a generally unfavorable economic environment for the struggling media in the country and also created civil unrest, which exacerbated already-difficult working conditions for journalists.
Foreign investment and the privatization of several key Bolivian companies resulted in investment capital for infrastructure improvements in the mid and late s, but the only aspect of communication to benefit directly was the telecommunications industry telephone and Internet.
The primary business sectors in Bolivia are energy, agriculture, and minerals. Many of these resources, especially mining, have not been developed to their full potential. The success of media in Bolivia is dependent not only on the general state of the economy itself, but also upon its relationships with political and private entities.Your investment strategy will be based on your goals and the amount of risk you want to take.
Time is an important part of investing. If your money is invested for longer, you will be able to reach your goals because of the compound interest that is added on (depending on the investment).
Risk will be reduced as well, because overtime, the ups and downs in the stock market will have smoothed out. RICK SLAUGHTER is a pioneer of the alternative investment industry and a Founding Partner of Sunrise who currently serves as the firm’s Chief Research Officer and as a member of the firm’s Management Committee.
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