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About: Presidency of Evo Morales     Goto   Sponge   NotDistinct   Permalink

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The Presidency of Evo Morales began on January 22, 2006 when Evo Morales was inaugurated as the 80th President of Bolivia, following his victory in the 2005 general election, where he won 53.7% of the vote, defeating Jorge Quiroga (second with 28.6%), Samuel Doria Medina (third with 7.8%), and several other candidates. Morales increased taxation on the hydrocarbon industry to bolster social spending, emphasising projects to combat illiteracy, poverty, racism, and sexism. Vocally criticizing neoliberalism and reducing Bolivia's dependence on the World Bank and International Monetary Fund, his administration oversaw strong economic growth while following a policy termed "Evonomics" which sought to move from a liberal economic approach to a mixed economy. Scaling back U.S. influence in the co