… … Regrettably I have to say to those of you that read this site from time to time and to those that are just beginning… there are no positive news for Bolivia today. Strikes are under way; government insists on a way to “select” our judges, without an open way to select, to know who…
Category: Business
Does Bolivia have a sound salary policy?
This cartoon appeared May 9, 2011 in La Razon newspaper. It represents how the larger union (COB) received 11% salary increase as opposed to YPFB, the hydrocarbon state-owned company who gets 70% for this calendar year. In the earlier years of this government, it had a policy that no public servant should have a greater…
Can Bolivia control its inflation?
We are prone to conflict. Bolivia’s history is filled with struggle; over the years we’ve seen road/street blockades and strikes (including hunger strikes) as types of pressure to all governments. Bolivian society suffers these “pressures” and after a while, depending of the government style and strength some “agreement” is reached… until next strike. Under that environment how…
Bolivian economy needs clear rules
An interesting comparison was made by journalist Humberto Vacaflor on El Deber today: On labor day, while in Huanuni Oruro on May 1st, president stated that people had to wait for new mining, hydrocarbon and investment laws; as well as for banking, commerce and trading laws. Uncertainty has proven to be a bad sign, investment remains stagnant, inflation…
Bolivia: economics 101
We visited the website for the Inter American Development Bank, which states: “Bolivia’s Operational Strategy Fighting poverty is the main objective of the Bank’s strategy for Bolivia. The strategy is structured around three lines of activities: Improving the management capacity and transparency of the State by strengthening government institutions and supporting initiatives to increase transparency in the…
Good business news for Bolivia
French Ambassador in Bolivia stated that despite nationalization of the hydrocarbon sector; it is still a challenge and good public image to invest here. He referred to the recent “discovery” of three TCF (trillion cubic feet) of natural gas at the Aquio camp, operated by Total and Tecpetrol. http://www.paginasiete.bo/2011-04-29/Economia/Destacados/10Eco001290411.aspx Cadex (export chamber from Santa Cruz) for the fourth…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 