Bolivia has to understand whether subsidies are good for our economy and development over the long run. If we engage in populist /easy-going economic policies such as subsidies in the form of low gasoline prices for example and bonuses paid to specific clusters (i.e. bonus to children from public schools only; bonus to the elderly, regardless their…
Austrian tourist was not lost in Bolivia – Elmar Stellnberger
Sometime ago I wrote about Elmar Stellnberger, an Austrian tourist that appeared to be kidnapped or something worse… the link of that post is: https://bolivianthoughts.wordpress.com/2011/10/22/austrian-tourist-missing-in-bolivia-october-22-2011/ I honestly thought Bolivia would look bad for our tourism industry, today’s Pagina Siete published he is live and kicking!! Over a month ago he went to Cobija and then moved to Brasilea town, just crossing…
Presidential duality or ambivalence?
In an earlier post, I wrote about duality, please see the following link: https://bolivianthoughts.wordpress.com/2011/10/30/presidential-duality/ I tried to understand the duality in functions/priorities of current Bolivian president. However, the article from El Deber below shows more ambivalence… than duality per se. After a decision to enforce by law the rights of the TIPNIS indigenous people and nationwide…
Briefs on governmental mistakes, Nov Economics 101
Follow a few but significant signals that continue to damage the Bolivian citizens’ development. Current government, relentlessly and blind-minded continues to either enforce existing laws, neglect to take appropriate action or use plain common sense: Iron – Mutun: Supposedly the largest iron concentration, at least in this hemisphere, hired an Indian company, Jindal, the intention…
Halloween or All-saints day? please take your pick!
Halloween arrived Bolivia some years back, it is a holiday here to stay, despite some people who resent it as they do not considered it as part of our heritage. Of course, a heritage that is actually been contested by current political party in government. Which is also nothing new; there was a political populist party,…
Anti-money laundering & combating the financing of terrorism
This excerpt is from the Financial Action Task Force (FATF; GAFI in Spanish), a report made available back in June 2011, Bolivian performance follows: “The Financial Action Task Force (FATF) is the global standard setting body for anti-money laundering and combating the financing of terrorism (AML/CFT). In order to protect the international financial system from ML/FT…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 