In Bolivia, higher mineral prices lead to more illegal and violent take overs

A sad reality in the Bolivia “of the change process,” instead of taking advantage of the extraordinary high prices in the international markets for our raw materials, Bolivia shows little security to private investment and what is worst, has generated anarchical reactions on communities nationwide, Walter Vasquez reports for La Razon: According to data from…

Bolivian state-owned enterprises’ performance and competitiveness??

As it could have predicted and like it happened in the old USSR, actual Cuba and former China, the performance of the state-owned companies who are “the pride” of current government’s policy, Pagina Siete reports… Nearly two years of the commencement of its operations, the income generated by State-owned strategic enterprises Lacteosbol, Bolivian company of…

Bolivia and the 2012 Index of Economic Freedom

I praise The Wall Street Journal and The Heritage Foundation for this wonderful information about Bolivia, for the full report and access to their website, please use the link provided below, thank you. When institutions protect the liberty of individuals, greater prosperity results for all. Economist Adam Smith formed this theory in his influential work,…

Bolivian current government has new ministers and some recycled/reused individuals

Today, current government has made some changes on the cabinet of ministers, the list provided by El Deber’s website follows after this cartoon from El Diario, January 22, 2012. You can see a relay race, the title reads: “Circuit – Ministers’ relay race” Among those “re-used” is Quintana, who left the government highly questioned, apparently…

Bolivia needs to find more gas & oil

Milenio Foundation has published their report No129 dated January 13, 2012. As it can be seen in the chart to the right, Bolivia has been neglecting exploration of hydrocarbons, and that is absolutely irresponsible!! The blue line shows how irrelevant and absurd is the amount of million dollars assigned for exploration. The green line shows…