Jimmy Ortiz writes in El Diario: Bolivia has the largest informal economy in the world, according to the International Monetary Fund (IMF). In a working document entitled Shadow economies around the world: what have we learned in the last 20 years? In which 158 economies were studied, the country obtained a percentage of 62.3% (El…
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Bolivian economy, in a difficult 2018
An important editorial from El Deber: The economy, in a difficult year The beginning of 2018 has been very complicated for productive activities. Natural disasters have caused significant losses, especially to farmers in the east, and costly damage to the infrastructure of several municipalities. On the political and social level we have had an unstable…
Bolivia Has World’s Largest Informal Economy … that is we do not trust demagogue populist govs!
A report from the International Monetary Fund (IMF), excerpts follow: Bolivia Has World’s Largest Informal Economy “The shadow economy is, by nature, difficult to measure, as agents engaged in shadow economy activities try to remain undetected. The request for information about the extent of the shadow economy and its developments over time is motivated…
Bolivian economy continues to be supported by traditional exports, while current government failed to build worthy alliances
Bolivian Thoughts opinion: Current president believes he is the hole of the doughnut ,,. he has misled Bolivian population with his absurd political alliances with Syria and Libya prior to their individual catastrophes; he embarked in alliances with Iran, Cuba, Venezuela and the ALBA, which turned out to be pure demagogue. He engaged in humongous loans…
In Bolivia, when the water dries up, so does the economy
Glen Argan reports for National Catholic Reporter: In Bolivia, when the water dries up, so does the economy An abandoned boat lies several hundred feet from the shore of Lake Poopo in late August, testimony to the disappearance of the lake and the salt flats that remain in Llapallapani, Bolivia. Lake Poopo dried up three…
After eleven years, 2017: A precise analysis of what evo has done with our Bolivian economy!
Humberto Vacaflor wonderfully describes current Bolivian economic and political reality, El Diario: Crude reality To find out that there are crises you have two options: to see the real statistics or to listen to the whistles and the repudiation of the people. The government has had both signals this week: the Minister of Economy revealed…
Bolivian Thoughts 