From Bolivia with love: HAPPY EASTER

Bolivia is mostly a Christian society, and mainly Catholic, and as such today is even greater than Christmas itself! So, I wanted to share these lovely images of the Holy Spirit, one from a stained glass I bought in Washington DC a few years back and a colonial painting from one of our Andean Catholic…

A tale of two failures: EvoNOMICS and political INvoLUTION

Current government started saying they were going to give academic lectures on economics, they keep pushing with the de-dollarization of our economy, thus generating worst opportunities to our industry and welcoming smuggled goods (used and new) into our markets. This cartoon is from El Diario, March 12, 2012. You can see how Chinese merchandise is threatening the…

How savvy is to de-dollarize the Bolivian economy?

That is an excellent question, and it is also a great article that Humberto Vacaflor just wrote, published in El Deber’s website: ‘Semi-dedollarization’ The Central Bolivia Bank (BCB) announced a reserve requirement for deposits in foreign currency of a 66.5% level, that will now be achieved with monthly increases of 0.8%. The news comes a…

Bolivian foreign trade balance, IBCE

From IBCE’s website, for more information, please see link down below: The Bolivian Institute of foreign trade (IBCE) and Banco Ganadero, have published the edition No. 113 of the bulletin entitled “Foreign trade of Bolivia”. Bolivian exports exceeded in almost $100 million for the same period of the previous year, while imports grew at $224…

An old and ongoing relationship between the USA and Bolivia

Current Bolivian government is one day attacking the USG and the next signs agreements… is it politically correct or does it led to anything? Is Bolivia better off with or without the aid of the USA? In any case, our Bolivia humor portrayed this cartoon: It is from El Diario, April 2, 2012. While the…