Editorial, El Dia: Bolivian “Corralito” In 2001, Argentina experienced one of the darkest moments in its economic history: the “corralito” banking crisis. This measure, which limited citizens’ access to their own savings, triggered a crisis that left deep scars on Argentine society and its economy. Today, more than two decades after that catastrophe, Bolivia seems…
Category: Business
We’re on the wrong track | Vamos por mal camino
According to an international study Nine out of ten Bolivians believe the country is on the wrong track A survey conducted in 26 countries by Ipsos Ciesmori during the second quarter of the year found that 90% of Bolivians—nine out of ten—believe the country is on the wrong path, far from the global average of…
Mesa, Arce: one heart … I mean referendum | Mesa, Arce un solo corazón … digo referendum
Editorial, El Dia: It all started with a referendum Bolivians must not forget that the economic disaster we are currently experiencing, which is just beginning, originated from a referendum. This debacle is largely due to Carlos Mesa’s pathological obsession with avoiding decision-making, his cowardice in hiding behind the façade of a false participatory democracy, and…
The Harvard Decree | El decreto de Harvard
By Juan Jose Toro, Vision 360: By curbing hyperinflation, it also contained the economic crisis, and although Paz Estenssoro said it shouldn’t last more than 20 years, it is now on track to reach 40. “Bolivia is dying.” This phrase, uttered by Víctor Paz Estenssoro on August 29, 1985, to justify the enactment of Supreme…
Limitations on online purchases | Limitaciones en compras por internet
By Erbol.com.bo, Eju.tv: Foundation warns of recession in the digital economy due to limitations on online purchases ASKS ASFI TO BE TRANSPARENT The Internet Bolivia Foundation, through its digital economy officer, Hugo Miranda, explained the problems faced by people who work with transactions abroad in dollars, due to the restrictions imposed by banks on online…
Without Direction and Rudder | Sin norte y sin timón
Editorial, El Dia: In his desperation to find effective solutions to combat the economic crisis, Luis Arce constantly changes his mind. One day he insists that everything is going well and accuses the opposition of fabricating problems; the next, he acknowledges some difficulties, attributing them to the international context or to sabotage by the right-wing….
