Bolivia on the Brink - Nationalizes Us Company, Ashmore Natural Gas This Time

The country of Bolivia has been very busy nationalizing businesses and industry in their country. They have done this with water filtration plants, natural reserved supply mines, as well as gas and oil industries. This includes; all of the infrastructure, such as pipelines. Just the other day the Bolivian government made a bold move to take natural gas pipelines and infrastructure from foreign businesses that had put up millions of dollars in investment.

Foreign speculation especially in infrastructure is very prominent to third world and emerging economies. Hugo Chavez of Venezuela has also nationalized or stolen vast amounts of industrial infrastructure that was capitalized with foreign investment; once nationalized Venezuela's governmental owned industrial businesses became very weak and inefficient. Bolivia has attempted to duplicate what Venezuela has done and unfortunately had the exact same results.

Water Filtration

To make up for the inefficiencies, Bolivia has nationalized other industrial capacity in its nation and stolen from foreign investors. These acts have hurt Bolivia's standing in the international society and that has hurt all emerging nations that are also seeing for capitalization of infrastructure and foreign investment. Is Bolivia on the brink of collapse; unable to get loans, and unable to run prominent infrastructure industrial businesses at their full potential?

Is this seizing of Ashmore Natural Gas firm and Shell Oil's pipelines a bad move for Bolivia? Many international economists believe it was and that this will make it very difficult in the future for Bolivia to survive with a strong economy. Such a bold move could send Bolivia back any decades.

Bolivia on the Brink - Nationalizes Us Company, Ashmore Natural Gas This Time

My Links : buy luxury watches buy watches sport watches sports Best Buy Motorcycle Jacket On Sale grandia video game