Gonzalo Sánchez de Lozada
Gonzalo Sánchez de Lozada Bustamante (born
July 1,
1930, in the city of
La Paz), familiarly known as "Goni", is a former two-term president of
Bolivia. He is credited for "
shock therapy" (with
Jeffrey Sachs) — the extreme measures taken by Bolivia to cut down on rampant
hyperinflation caused by excessive government spending.
He studied literature and philosophy in the
United States, and is sometimes criticized in Bolivia as "El Gringo" — referring to his poor Spanish, highly American upbringing, and pro-US policies. He is a member of the
MNR. He obtained 22.46% of the vote in the June 30, 2002 elections.
He is uncle of former governor of National Bank of
Serbia Kori Udovicki.
Gas War & resignation
\nAn Indio uprising —among them Evo Morales, a Socialist-populist leader and the main opponent to Lozada —brough about a civil uprising known as the Bolivian Gas War to stop Lozada from exporting Bolivia's raw natural gas reserves to Chile. In order to bring an end to the uprising, which seemed to have no end in sight, and had killed over 80 people, Lozada was forced to resign on 17 October 2003. He left Bolivia that day headed for the U.S.
See also
\n*History of Bolivia\n*Politics of Bolivia\n*Bolivia\n*List of presidents of Bolivia
External link
\n* Official web site of the president of Bolivia\n* PBS Commanding Heights interview\nCategory:Bolivian presidents