By Ernesto Estremadoiro, El Deber: The country remains stuck in the World Bank ranking / Photo: Ricardo Montero Since 1987, Bolivia has remained in the lower-middle-income category, according to the World Bank. While neighbors like Peru and Paraguay climb positions, the country still hasn’t broken through the development ceiling. In 1987, Bolivia was classified as…
Category: Economics
¿Y ahora Qué? | Now What?
Por Pensamientos Bolivianos: [Si quiere escuchar el resumen, use este link, gracias] ¿Qué sigue, Bolivia? El silenciamiento de los liberales clásicos Dunn y Saravia y la lucha por un país al borde del abismo Ayer, Bolivia perdió a dos de sus figuras políticas más prometedoras—no en las urnas, sino ante la oscura maquinaria de un…
They are destroying Bolivia intentionally | Están destruyendo Bolivia, de manera intencionada
By Jimmy Ortiz, El Deber: I have no doubt that Bolivia is being deliberately destroyed, following the mandates of the transnational 21st Century Socialism (SS XXI), just as they did in Cuba, Venezuela, and Nicaragua—and failed to do in Argentina. It is the classic communist/socialist strategy, aimed at keeping the people poor or miserable, to…
“People are prioritizing food over dollars”: USDT drops below Bs 15 | “La gente está priorizando alimentos antes que dólares”: cae del USDT por debajo de Bs 15
By Ernesto Estremadoiro, El Deber: EXCHANGE RATE People are prioritizing buying food over purchasing dollars/Photo: Ricardo Montero Fernando Romero, president of the College of Economists of Tarija, attributes the drop in the digital dollar to lower demand driven by inflation, informal currency inflow, and a political environment that generates expectations of stability. The price of…
Hidden poverty and structural crisis | Pobreza oculta y crisis estructural
By Ernesto Estremadoiro, El Deber: Jubileo Foundation warns of hidden poverty and structural crisis: “Bs 100 is no longer enough to buy food” The Bolivian peso continues to lose value Economist Carla Cordero warns that Bolivia is facing a multidimensional crisis that erodes families’ purchasing power, with food inflation surpassing 20% and state measures proving…
The parallel dollar sells for under Bs16, the lowest rate since May | El dólar paralelo se vende por debajo de los Bs16, la cotización más baja desde mayo
By Agencia EFE, Unitel: The parallel dollar, both on the street and in digital wallets where it is traded as a crypto asset, dropped at the end of June [Reference photo] / The exchange rate on virtual markets was highly variable this month The parallel dollar registered its lowest value since May at the start…
