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Bolivia's poor economic performance can be explained through an analysis of the political instability the country has undergone in the post-1945 era, and its relation to the geography of the region. In particular, an analysis of the declining Bolivian mining industry, the newly discovered petroleum industry, and the large production of coca illustrate key factors that explain the decline in the contemporary Bolivian economy.
Bolivia can be geographically separated into three distinct regions. The first is the highland region that resides in the South-Western portion of the nation, and contains the Andean mountain range that extends along the western fringe of South America...
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