29 June 2009

Bolivian Wealth

Knowledge@Wharton

Knowledge@Wharton recently published this short, interesting piece about Bolivia's tremendous natural wealth. First, the Spanish dug deep into the Andes for the country's rich silver veins; later, in the early days of independence, tin, copper, and guano came to the fore. Now, we hear much chatter about natural gas, the rain forest, and..... lithium.

Straight out of the latest James Bond in some ways... Let's hope that Morales manages this a bit more sensibly--it would be admirable to demand factories and training for lithium battery production on Bolivian soil now that we stand on the doorstep of the electric car era.

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