Bolivian productivity has faced obstacles during most of the time, and any advance should be commended (even under current government’s gracious ‘concession’), in this case Fridosa’s excellent products will reach the export market for good, Pagina Siete reports: The Government authorized the Santa Cruz company Fridosa to export 500 tonnes (tons) of meat; in addition…
Tag: competitiveness
Bolivian humor or sad reality?
In Bolivia we use cartoon humor to portray our failures and frustrations, let’s see some: This is from El Diario, March 17, 2012. It shows the increasing levels of crime and certainly those wonderful tourists who choose our country, are almost defenseless. The police section who is responsible for tourism protection has very little resources,…
For the last 41 years, a conflict per day
This cartoon appeared in Los Tiempos, April 11, 2012. The first person, portraying someone from current government, saying “blockade…strike…blockade…blockade…” a man says “the government is committed to prevent that marches and blockades continue!” ‘avernoy’ replies “and you think they will succeed, bro?” the dog thinks “doctor Frankenstein trying to stop their creation work” SO let’s…
Bolivia first South American country to have electronic currency exchange market
Pagina Siete gives us great news: Until June [2012], Bolivia will become the first country in South America to have an electronic exchange to negotiate the exchange of foreign currency, which will improve the price of the exchange rate for the buyers and bidders. The initiative is developed by Daza Software, a company founded by…
A tale of two failures: EvoNOMICS and political INvoLUTION
Current government started saying they were going to give academic lectures on economics, they keep pushing with the de-dollarization of our economy, thus generating worst opportunities to our industry and welcoming smuggled goods (used and new) into our markets. This cartoon is from El Diario, March 12, 2012. You can see how Chinese merchandise is threatening the…
How savvy is to de-dollarize the Bolivian economy?
That is an excellent question, and it is also a great article that Humberto Vacaflor just wrote, published in El Deber’s website: ‘Semi-dedollarization’ The Central Bolivia Bank (BCB) announced a reserve requirement for deposits in foreign currency of a 66.5% level, that will now be achieved with monthly increases of 0.8%. The news comes a…
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