Bolivian legal and informal economies… along with ochlocratic rulings…

Great enlightening article that portrays our Bolivia. Humberto Vacaflor writes in El Deber:

Differential Yearbook

Humberto VacaflorThe 21st Century Newsletter has tested a novel ‘differential Yearbook’, a balance which leaves 2013 in the legal sector of the economy and also the illegal. According to the American economist Peter Andreas, to discuss economics only looking at the legal sector is to make like the drunk who, in the street, at night, remains looking for the keys that fell, only under the light of the lantern’s corner, because it is the only place where he can see. Under the light of the lantern, the legal sector of the economy started this year with the admission of the Government that does not intend to give legal assurances to foreign investment, as it was proclaimed at a meeting of the ECLAC.

The speech has been consistent. The economic climate in which the legal activities should develop is the uncertainty. Take it or leave it, but there is no other offer. Mines that were raided are still in the hands of the assailants and the agricultural land taken by force continues the long process which consists in that the assailants receive a prize to go. All of this under the blinding light of sky-rocketing prices, light that dazzles many and which has finally convinced the rulers that they caused the rise in prices in London and Chicago. The dark side of the street. There are no statistics on the illegal economy, it is true, but looking at it well, something will be perceived, as it is the case of the mystery of the ‘gold of the Incas’, which comes to the country from Peru, and is changed by drug, so a mutual laundering occurs.

It is operating in the territory of Santa Cruz, a financial system of drug trafficking, with agile operators in charge of making loans, then collect and liquidate some of the occasional debtors. The law of coca, which should set deadlines for the eradication of illegal crops, has been left [idle] to 2015 [well after the illegitimate re-re-election of current ruling ochlocracy], as well as the mining law, which should set taxes for cooperatives. It is said that the illegal sector of the economy also lives in uncertainty, but with the advantage that always moved in that kind of climate, by its very nature. A Government that does not give preferences: uncertainty for all.

http://www.eldeber.com.bo/vernotacolumnistas.php?id=131226222025

So… that is what we are enduring and want to avoid to continue!

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