Latin American Prospects for BRICS
... revenues, mainly generated from the exploitation of the nation’s natural resources. Bolivia is rich in hydrocarbons, primarily natural gas, and holds the world’s largest lithium deposits, estimated at over 21 million tonnes. While the export of Bolivian hydrocarbons (mainly to neighboring Brazil and Argentina) remains a traditional revenue stream, the lithium industry is a relatively recent addition to the country’s foreign economic priorities. Lithium nationalization in 2008 gave a start to the development of Bolivia’s deposits, but ...