December Econ 101: An alert that State intervention is ‘expensive’

A very informative report news, extremely useful economic analysis of current Bolivian government performance. Written by Carla Paz Vargas for El Deber, December 3, 2011: The blackouts, the importation of food, the restriction of exports, the increase in the subsidy to fuel, lack of jobs and the collapse of foreign investment, among other things, are…

Is Modern Capitalism Sustainable?

An interesting, excellent and needed article from an international expert follows after a summary of the author: Kenneth Rogoff is Professor of Economics and Public Policy at Harvard University, and was formerly chief economist at the IMF. Is Modern Capitalism Sustainable? Kenneth Rogoff CAMBRIDGE – I am often asked if the recent global financial crisis…

A good recall of events since the time of zero coca crops in Bolivia

An excellent article written by Humberto Vacaflor Ganam, directly from his Facebook page: The Soul of the Bolivians Eleven years ago, in December 2000, President Hugo Banzer was attending a conference organized by the United Nations in Palermo, Sicily. He had been summoned to receive the recognition from the international community for having finished with the…

Blackouts are in order: Santa Cruz suffers the most!

El Deber reports: The main reason for today’s incoming cuts, from 14: 00, is due to non operation of the transmission line(high voltage) between Carrasco (Cochabamba) and Arboleda  in Buenavista, operated by the company ISA-Bolivia. This line will join maintenance, according to the National Committee on energy emission (CNDC). There will also be unavailability of some generating…

Margarita field lays between Chuquisaca and Tarija

The issue between Tarija and Chuquisaca, over where the natural gas fields of Margarita belong to, has now more information, as Pagina Siete reports today: Regarding the dispute between the departments of Tarija and Chuquisaca, the Government confirmed that the Margarita and Huacaya fields share the Huamampampa reservoir 1b (H1b), located in the Caipipendi area…

How to handle inflation, subsidies? November Bolivian Economics 101

Certainly not the way current Bolivian government is doing, if you don’t believe, just take a look at these: This cartoon is from El Diario (11/09/11). Two of the most powerful and yet visible for now political leaders of the MAS, are engaged in a conversation: “…We have allowed entry of 100 thousand vehicles to the country..!…