Bolivian investment law needs to attract foreign investment, for real!

Marco Chuquimia reports for El Deber: DRAFT LAW Private request 5 incentives on new Investment Law The draft has 29 articles and raises a new law of conciliation and arbitration to resolve processes. There will be three months for regulations and the regulatory transition. Security on the property; stability of the tax system; arbitration processes;…

Inefficiency of the forced industrialization

Armando Mendez writes in Pagina Siete: Inefficiency of the forced industrialization Interventionism and State interventionism is a fact that was firmly in the past. It began in Europe, with what is called mercantilism and dates from the 1500’s. Before in the economy, there was no per capita growth. Production increased as the population increased, equal…

Bolivian icon in peril!!! Cerro Rico continues to be under jeopardy!

From Pagina Siete: THE AUTHORITIES FEAR A POSSIBLE COLLAPSE Government demands to halt activities at Cerro Rico After an inspection, the Ministry of mining and metallurgy demanded the cessation of mining activities that are developed in the Cerro Rico de Potosi to avoid a collapse. In 1987, the Cerro [Hill] was declared, along with the…

2014 Bolivian economic forecasts

Alberto Bonadona writes in Pagina Siete: Forecasts for 2014 Any prognosis that is made in the economy always will be an approach very close or very far away from what will actually happen. This obvious depends on another: of how reality actually unfold. However, economists (especially the “pundits”) love to make speculations about the near,…

Bolivian legal and informal economies… along with ochlocratic rulings…

Great enlightening article that portrays our Bolivia. Humberto Vacaflor writes in El Deber: Differential Yearbook The 21st Century Newsletter has tested a novel ‘differential Yearbook’, a balance which leaves 2013 in the legal sector of the economy and also the illegal. According to the American economist Peter Andreas, to discuss economics only looking at the…

Wild capitalism consolidates in Bolivia…?!

Luis Antezana writes in El Diario: The wild capitalism is consolidated in Bolivia While Bolivian analysts engage in empirical speculation about abstract concepts, the country’s economy advances in irrepressible form by way of capitalist development, although most is wild capitalism than a capitalism with maturity and reduces the sacrifice of laborers and workers in general….