The model is exhausted – El modelo está agotado

Gonzalo Chavez, Los Tiempos: Surplus income generators are exhausted. The hydrocarbons sector in 2014 produced 5,489 million dollars of income and has dropped to 2,289 million. The electricity sector does not generate surpluses. On the contrary, Bolivia has an offer of 3,500 MW and only consumes half. The rest is lost. The mining sector, although…

Bolivia está al borde de una crisis económica – Bolivia is on the brink of an economic crisis

The Economist: Tras dos décadas de políticas estatistas, el modelo económico del país está en quiebra “Dolares no faltan”, anuncia una pancarta en la página principal del banco central de Bolivia. “Nuestra economía es fuerte, solvente y estable”. La necesidad de decirlo sugiere lo contrario. Durante las últimas semanas, los bolivianos han estado tratando desesperadamente…

Bolivia Burns Through Its Special Drawing Rights, IMF Data Show – Bolivia se quema a través de sus derechos especiales de giro, muestran datos del FMI

Maria Elena Vizcaino, Bloomberg, Finance Yahoo: Bolivia Bonds sink as Nation’s International Reserves Dwindle (Bloomberg) — Bolivia has all but exhausted its Special Drawing Rights from the International Monetary Fund, deepening a currency crisis in one of Latin America’s poorest nations. The country had just 39.09 million SDRs, reserve assets that work like an overdraft…