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…
Tag: competitiveness
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…
Bolivian industry limited growth since 2005
This chart reflects the Gross Domestic Product (PIB in Spanish) and the national industry growth since 2005. Data provided by the National Chamber of Industries (CNI). Yellow bars is GDP and red line is the industry GDP, source CNI data and chart was produced by Pagina Siete. The Bolivian annual industrial growth has contracted in 8%…
Bolivian 2012 salary increases?
Salary increases in Bolivia have a long history of strikes, blockades and it is more or less customary to start this predicament every years around October. By the end of the first semester of the new year, the government sets percentages (politically driven or as a result of union’s and social pressure) and pushes private sector to meet those…
At last! some positive & promissing news for Bolivia
These days we are witnessing the struggle of a Bolivian indigenous group fighting for their rights and territory, failed Judiciary “elections”. In this post I intend to look at another important issue: entrepreneurship as a means to overcome poverty. The Global Entrepreneurship Monitor (GEM), has as its goal to make high quality information on global entrepreneurial, as such they…
CBN is a great and proud Bolivian company, 125 years old!!
Today, Pagina Siete made a positive and excellent report, among the usual “negative and pessimistic” issues that lately devastates our beautiful Bolivia. The National Bolivian Brewery (CBN) is going to celebrate its 125 years old on October 20, 2011. It is incredible and amazing to reach such maturity in a country where very few companies even reach…
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