By El Diario: They propose three economic scenarios if the Government opts for stabilization Faced with the dilemma between gradualism and a more drastic adjustment, economist Hugo Siles warns that if the Government decides to seriously apply a stabilization plan with the elimination of subsidies and measures to attract private investment, the country will face…
Tag: economic policy
The Harvard Decree | El decreto de Harvard
By Juan Jose Toro, Vision 360: By curbing hyperinflation, it also contained the economic crisis, and although Paz Estenssoro said it shouldn’t last more than 20 years, it is now on track to reach 40. “Bolivia is dying.” This phrase, uttered by Víctor Paz Estenssoro on August 29, 1985, to justify the enactment of Supreme…
Navigating Economic Turbulence: Past and Present | Navegando la Turbulencia Económica: Pasado y Presente
By Juan Antonio Morales, Vision 360: The lessons of DS21060 for the current situation Stabilization now, as in 1985, could consist of exchange rate unification, fiscal consolidation, no more central bank credits to the government and its enterprises, and renegotiation of external debt. In the 1980-1985 quinquennium, the country faced some conditions similar to those…
A census à la “Plurinational State” | Un censo a la “Estado Plurinacional”
Agustin Echalar. Los Tiempos: Yesterday the national census took place, an important practice to know how many of us there are and where we live, something that should allow for a more adequate distribution of our resources to address the needs of the population, and which can also redistribute power, namely the presence in parliament…
It’s the economy, it’s not politics – Es la economía, no es la política
Editorial, El Deber: Bolivia is going through moments of uncertainty due to the economic situation. The slow and forceful fall of the Net International Reserves (NIR), together with the lack of transparency in the information provided by the Government, left a climate of fear and doubts among the citizens, in addition to affecting imports and…
Bolivia needs to adjust the exchange rate to the dollar, soon!
Matthew Bristow reports for Bloomberg: Fitch Says Bolivia Reserves Are No Longer Enough for FX Peg Bolivia has depleted its “war chest” of international reserves to the point that it no longer has enough dollars to defend the nation’s fixed exchange rate, according to Fitch Ratings. Fitch in November downgraded the Andean country to B+,…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 