2 ms·
Bolivia had better watch out for falling lithium prices. When a government depends on resources for their revenue, they are setting themselves up for failure w
by DTrejo 16y ago
Bolivia had better watch out for falling lithium prices.
When a government depends on resources for their revenue, they are setting themselves up for failure when prices fall.
Norway could have been in a similar situation with oil, but they avoided it:
http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabdc0.html http://www.ft.com/cms/s/2/99680a04-92a0-11de-b63b-00144feabd...
Hopefully Bolivia learns something from Norway and this does not happen to them (Venezuela definitely didn't take a hint).
Similarly, if Afghanistan does not set itself up well, it could have the same resource dependency problem.