Bolivia

After nearly two decades of reign over Bolivia, the Movement Toward Socialism (MAS) party was banished at the ballot box on August 17. Its fall is a dramatic political realignment to the right for Bolivians, and a rare opportunity for the United States to reform relations with a geopolitically critical nation. As one expert, Leonardo Coutinho, told us, “The Trump administration can not only contribute to the restoration of democracy but also play a central role in dismantling a fully functioning narco-state.” Despite its 25 percent inflation rate and a 93 percent debt-to-GDP ratio, Bolivia is rich in natural resources, boasting some of the world’s largest lithium reserves, making it an attractive target for both American and Chinese grand strategies.

Bolivia is to be treated to a nail-biting run-off this autumn between two conservatives in the race to be the next president after the spectacular collapse of the socialist movement that has dominated the landlocked state for the past twenty years. A presidential race between two right-wingers is unusual in Latin America whose countries in recent years has been largely run by democratically elected leftists after the fall of the brutal military dictatorships that ruled so many states in the 1970s and 1980s. The second round of Bolivia’s presidential race will be decided on October 19th between the veteran former President Jorge "Tuto" Quiroga, 65, who gained 26 percent of the poll, and his center-right rival Rodrigo Paz Pereira, 57.