Extract or produce? Which is better for Bolivia?

Development dilemma? It certainly proved elsewhere, value added to primary commodities will bring wealth to a nation. El Diario publishes this interesting reality… To the detriment of higher levels of growth Extraction model does not lead to the productive according to economists In the case of the cooperative mining companies, there is the need for…

What’s cooking? Expenditures > Investment

This cartoon is from La Razon, December 16, 2011. A bunch of cooks around the pot labelled ‘state’ … only one arguing “But don’t eat the dow! with what are we going to cook?” and one of the other cooks, replies “hum, I bet he is one of the infiltrated…” The word infiltrated was initially…

Despite all, remittances grew by 11%, thanks to Bolivians abroad!

This is from today’s Pagina Siete: In the first ten months of the year, remittances received by relatives of residents abroad grew by 11%, compared to similar period of 2010, according to data of the Central Bank of Bolivia (BCB).Until October they reached $853,9 million dollars, while in countries such as Spain there is an…