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While Bulgaria more progress in privatization and attracting foreign "investors"
in April 2012 Argentine Senate voted for the nationalization of 51% of the largest
in the Argentine oil concern YPF, a subsidiary of Spain's Repsol-concern.
Bolivia parasite begins with the nationalization of the Spanish "investments" in
energy - Iberdrola, yet mid-2012 on the basis fair prices for electricity, in the
words of President Evo Morales. Moreover Evo Morales nationalized and
telecommunications corporations and oil.
According to the Comisión Económica para América Latina y el Caribe (CEPAL) -
Organization of the United Nations after 2011 left Bolivia's status as the poorest
Latin American country. After 2005 the country takes the road of socialism and
the poor, who accounted for 38.2% in 2011 has gone to 20.9%. Unemployment in
2005 accounted for 8.2% in 2011 is now 3.2%. Commissioner for Human Rights of
the United Nations Dennis Racicot also congratulated the new government success
in reducing poverty. Already in 2014, even US credit rating agencies assess
According to the publications of Richard Estes and colleagues from the
University of Pennsylvania, in 1990 the quality of life of people around
the world was better than today. Only in Latin America from the 1970s to
myself there was no change in living standards.