Editorial, El Dia: Germany was in ruins in 1945, destroyed by war and suffocated by the price controls imposed by the Nazi regime. Bolivia is going through a similar situation: devastated after 53 days of criminal road blockades that wiped out more than $1 billion, destroyed foreign markets, and cost lives. Bolivia needs its own…
Author: Bolivian Thoughts
Senior managerial experience on sustainable development projects.
Ciudad Roma, Potosi: New Andean Sanctuary | Nuevo Santuario Andino
By Vision 360: New Protected Area Created in Potosí to Safeguard More Than 65,000 Hectares The project has a steering committee and is advancing the development of management instruments that will define conservation actions and financing for the protected area. Flamingos in San Antonio de Esmoruco. Photograph: Nelson Fernández Ciudad Roma was officially declared a…
The End of the Blockade and a Glimmer of Hope | El final del bloqueo y el esbozo de esperanza
By Diego Ayo, Brujula Digital: Machiavelli argued that political destiny is shaped by virtue and fortune: the ability of the ruler or sheer luck. Was what happened the result of skill or a stroke of luck? I find it hard to believe it was a triumph carefully orchestrated from within the government. My hunch, which…
Bolivia’s New Dollar Reality | La nueva realidad del dólar en Bolivia
By Erika Segales, El Deber: 12 Questions and Answers to Understand the Flexible Exchange Rate and Its Implementation The new exchange-rate regime replaces the fixed rate and establishes that the price of the U.S. dollar will be calculated daily starting June 29. Bolivia is entering a new exchange-rate phase beginning Monday, June 29. The country…
The Dollar Came Out of the Closet | El dólar salió del clóset
By Gonzalo Chávez, Brujula Digital: There are moments when economics resembles psychology more than mathematics. For months, Bolivia lived through a curious collective exercise in denial. The government insisted that the official exchange rate remained one thing (Bs 6.86–6.96 per dollar), while the market—with the stubbornness it always displays when a good becomes scarce—used something…
Dollar Withdrawals Expand | Amplían retiros de dólares
By El Deber: Confirmed: Starting July 15, deposits of $1,000 to $3,000 will be returned Depositors will be able to withdraw their dollars in cash. File photo: Ricardo Montero / EL DEBER “If you want to withdraw the full amount (of your savings within the established range), you will be able to do so without…
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