Repercussions around the Vienna Convention and Bolivia

In an unfortunate statement, let alone non-diplomatic channel, government minister labeled the International Narcotics Control Board (UN Vienna Convention, JIFE in Spanish) statement as “hypocritical” his not-so-clear /indirect remarks in reference to the INCB (made to local press on July 6th 2011). Regardless of this government’s position about coca chewing, I believe this reaction is more damaging…

Negative effects of Price controls in Bolivia

This cartoon appeared in El Diario on July 6, 2011. It portrays how small vendors are reacting to this government’s policy on price ranges for given food products (while ‘Finance minister’ looks in disbelief). This reaction has impacted consumer’s economy since last year. Despite government officials’ assurances, it is expected that this year’s inflation will…