Current government employment figures are staggering! Around a week ago, newspaper La Razon published these figures: An incredible rise in bureaucracy, between 2005 and 2009, the number of public servants rose by almost 90,000 (148%), which represents that in 2005 the State used around Bs 7,000 millions in salaries, now reaches 16,000 millions. Bolivia does not need more bureaucracy….
Category: Business
This is extremely positive and a great example!!
Kudos to Marcelo Claure and Brightstar!! According to the magazine American Economics, Brightstar is the leading Global Latin American Company, on top of Argentinian Tenaris, Mexican Cement Cemex, Brazilian food JBS Group (Friboi) and Chilean airline Lan. Brightstar distributes all cellular phone brands in over 61 countries. A company that was created in 1997, had…
Positive news for Bolivia!!
We are still waiting for them…
Are we, in Bolivia, free to choose?
Apparently not… according with current government regs for the election of the judicial system. No one can interview, publish, question or comment on the selected candidates for a questioned election next October… whoever does it, will be penalized. Free press like the newspapers Pagina Siete (La Paz) and El Deber (Santa Cruz) along with ERBOL…
What do businesses should expect from Bolivia?
Alberto Bonadona has written an excellent article regarding interest rates. He concludes that the government should not impose interest rates. Rather, should place bonds at attractive rates for those who save, which would force private banks to raise their savings interest rates as well. And to create lines of credit at reasonable rates, using the…
Coca over wildlife, part II
Unfortunately, the Bolivian Congress, called under this government “Legislative Assembly,” has approved (last Friday) a Brazilian credit for the construction of a road that will cut the national reserve “TIPNIS”. A $332MM dollar credit to build a road from the coca growing area in the Chapare (Cochabamba) to San Ignacio de Moxos in the Beni department,…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 