The Price of Coca How has the Cocaine Industry affected Bolivia's Economy?

The price of coca

Living downstairs from a neighborhood drug head can disrupt your home life. They be the biggest partiers, the loudest drama queens, their friends ar always ringing the front door bell to belong in, and they never stay more than a few minutes. The ageless human traffic often brings with it, lives and voices of loud desperation. You almost respect those guys would overdose and die, so someone quiet could move in.

What is misadventure in Bolivia is drug dysfunction drama on a national level, a vicious circle of dependence and half-hearted attempts at rehabilitation. In 1986, Bolivia was the worlds largest supplier of coca, the raw ingredient in cocaine. Bolivia withal had the worst inflation. Today, Bolivia is one of the poorest ountries in South America. Columbia and Peru are the big coca producers forthwith. This situation is the result of the United States$1.3 meg dollar program to destroy coca plantations over the uttermost six years.

in 2003, Bolivian President Gonzalo Sanchez De la Lozada considered a aim to allow limited coca cultivation in the Chapare region. This nucleotide marriage proposal of marriage, which would allow each grower to plant one-fifth of an acre of coca, was menat to ennoble the coca growers, who comprise the nations strongest political group. Coca growers organized infra Evo Morales, the current Presidents political rival. They have staged frequent blockades along the main highway during the worst economic crisis in the countrys history.



government officials defend the program, saying it will impede drug traffickers by giving the government more control over what is now a covert industry in the lowlands.

U.S. officials oppose the proposal and threaten to impose formal economic sanctions; Any proposal that would legitimize or legalize any coca in the Chapare, which is illegal, would be a violation of Bolivian...

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