Republic of Upper Volta 1984, from Upper Volta to Burkina Faso, which means "Land of Incorruptible People". The name Upper Volta indicated that the country contains the upper part of the Volta River. The colors of the national flag corresponded to the names of its three main tributaries — the Black Volta, the White Volta, and the Red Volta. Upper Volta obtained independence on August 5, 1960. The first president of the country, Maurice Yaméogo, is at the head of the Alliance for Democracy and the Federation / African Democratic Rally . The 1960 Constitution establishes the election by direct universal suffrage of the
Volta Redonda installing the Companhia Siderúrgica Nacional (CSN) steel mill in the middle of World War II, it marked the base of Brazilian industrialization. Laborers from diverse regions of the country came to Volta Redonda to work in the mill. When it opened in 1946, it was the first steel mill in South America. A heavily subsidized symbol of national pride, the Volta Redonda mill embodied the import substitution industrial policies that prevailed in Latin American economies from World War II until the Latin American debt crisis in the 1980s. Since its 1993 privatization, however, the mill — now known as the