By Milton Condori, Vision 360: MAS Government Used International Reserves to Sustain the Fixed Exchange Rate for 15 Years, Analysts Say That exchange-rate regime dates back to 2011 and remained in force during the time the governments of the blue party were in power. This week, the government of Rodrigo Paz abolished it. The exchange…
Category: Politics
How to Bring Dollars Back into the Financial System | Cómo hacer que los dólares regresen al sistema financiero
By Fernando Untoja, Eju.tv: Over the past few weeks, Bolivia’s economic debate has revolved almost exclusively around the exchange rate. Economists, analysts, and commentators have discussed whether the dollar should rise, fall, float freely, or be fixed once again. However, while the spotlight remains focused on the price of the currency, a far more important…
Government Cuts Tariffs to Cushion the Impact of the New Dollar Exchange Rate | Gobierno reduce aranceles para amortiguar el impacto del nuevo dólar
By El Deber: The Government seeks to lessen the impact of the exchange rate flexibilization. Supreme Decree 5646 reduces import tariff rates by five percentage points for goods currently subject to duties of between 30% and 40%, with the measure remaining in effect until December 2027. The Executive Branch aims to prevent the new flexible…
Bolivia: Needs a Wartime Economy | Necesita una economía de guerra
Editorial, El Dia: Germany was in ruins in 1945, destroyed by war and suffocated by the price controls imposed by the Nazi regime. Bolivia is going through a similar situation: devastated after 53 days of criminal road blockades that wiped out more than $1 billion, destroyed foreign markets, and cost lives. Bolivia needs its own…
The End of the Blockade and a Glimmer of Hope | El final del bloqueo y el esbozo de esperanza
By Diego Ayo, Brujula Digital: Machiavelli argued that political destiny is shaped by virtue and fortune: the ability of the ruler or sheer luck. Was what happened the result of skill or a stroke of luck? I find it hard to believe it was a triumph carefully orchestrated from within the government. My hunch, which…
The Dollar Came Out of the Closet | El dólar salió del clóset
By Gonzalo Chávez, Brujula Digital: There are moments when economics resembles psychology more than mathematics. For months, Bolivia lived through a curious collective exercise in denial. The government insisted that the official exchange rate remained one thing (Bs 6.86–6.96 per dollar), while the market—with the stubbornness it always displays when a good becomes scarce—used something…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 