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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 735 |
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Bolivia's neighbors Chile and Peru, on the other hand, have investment rates of
25% and have made a more desirable investment environment for multi-national corporations. Some
of the factors contributing to the lack of foreign investment include "the country's tax laws for
mineral exploitation, high transportation costs, chaotic judiciary and legal systems and rampant
government corruption" (Pacheco; 138...
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Some
of the factors contributing to the lack of foreign investment include "the country's tax laws for
mineral exploitation, high transportation costs, chaotic judiciary and legal systems and rampant
government corruption" (Pacheco; 138. Bolivian Times 1998c ). Another major factor would be
Bolivia's low skilled and poorly educated workforce, which makes it extremely difficult to compete
in a global economy...
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General points of the essay
A risky investment on a poor governance environment
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