Bolivia is a Republic. The seat of government is in La Paz, although the legal capital and also the seat of justice are located in Sucre. The country is separated in 9 administrative divisions: Chuquisaca, Cochabamba, Beni, La Paz, Oruro, Pando, Potosi, Santa Cruz and Tarija.
Bolivia gained its independence from Spain on 6th August 1825 and ever since then, it's legal system is based on the Spanish law and the Napoleonic Code.
The main political movements are the Movement toward Socialism (MAS), Social Democratic Power (PODEMOS), Nationalist Revolutionary Movement (MNR), and National Unity (UN).
Since 2005, the chief of state is Evo Morales; he has been elected by universal adult suffrage, by the people above 18 years old. He is the first aborigine president and his election changed the battle of wills bringing hope and aspirations among aborigine, poor or isolated people.
The Bolivian law is based on a constitution of 1967 and it was revised in August 1994. However a new constitution has been drafted in 2007, a referendum was scheduled for last January, and the document has been approved.
The project of the constitution involves some rules on the rights over water supply, food security, health, education, accommodation, basics services, justice and various other rights. The privatization of water management from the control of private enterprises of energy supply or basic services, will be prevented by the Constitution, although President Evo Morales has nationalized vast natural gas reserves.
[...] Legal The Bolivian law is based on a constitution of 1967 and it was revised in August 1994. However a new constitution has been drafted in 2007, a referendum was scheduled for last January, and the document has been approved. The project of the constitution involves some rules on the rights over water supply, food security, health, education, accommodation, basics services, justice and various other rights. The privatization of water management from the control of private enterprises of energy supply or basic services, will be prevented by the Constitution, although President Evo Morales has nationalized vast natural gas reserves. [...]
[...] For a long time, Bolivia has been weakened by it's in land isolated location and by the non development of transport and communication networks. Today, railway infrastructures have spread out and trains link Bolivia to harbors, located on the Atlantic and Pacific Ocean. For example, the main line connects La Paz to the harbor of Antogasta in Chile. As far as roads are concerned, very little are paved and most of them can be used only during the dry season. [...]
[...] Australia (160,000 tons), Canada (360,000 tons) and Russia have also some reserves. The total amount of lithium recoverable from global reserves has been estimated at 35,000 million tons and although statistics are not very well known on this market, the current annual production of lithium is estimated at 25,000 tons per year. III-Lithium resources in Bolivia As said before, Bolivia owns the largest lithium resources with around 5.4 million tons on a surface of 12,000 km². The depth is estimated between 45 and 120 meters. [...]
[...] IX-Labor Issues With a population of 9.2 million, Bolivia is one of the poorest countries in Latin America. As in many emerging countries, the agricultural sector in Bolivia employs a large proportion of the active workforce However, our sector (the industrial one) represents only 17% of the active population. To finish, the country's generally low levels of education and literacy tend to limit the productivity of Bolivia's labor force. Trade unions: Trade unions have a strong history in Bolivia. Lots of workers in the formal sector are member of unions. [...]
[...] III-Timing in setting up the business We will need to answer fifteen registration requirements in order to start our business in Bolivia. This administration and red tape works will take around two months. The two most lasting parts are: Obtaining a municipal business license and a municipal registration card from the municipality where the business is settled. (12 days on average) Register for national health insurance and short term disability coverage (15 days on average) IV-Governmental policies Foreign property is authorized virtually in all Bolivian economic sectors, with no requirement of registering foreign direct investment separately. [...]
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