Editorial, El Deber: The dollar and the economy There is no doubt that the year 1985 marks a profound turning point in Bolivia’s political and economic history for several reasons. The country needed to emerge from a whirlwind of hyperinflation and ungovernability that marked the three stormy years of the government of the Popular Democratic…
Tag: exchange rates
Bolivia’s Socialist Rulers Mend Ties With Capitalists in a Nation on the Brink | Los líderes socialistas de Bolivia restablecen lazos con capitalistas en una nación al borde del abismo
Marcelo Rochabrun, Sergio Mendoza and Zijia Song, Bloomberg, Finance, Yahoo: (Bloomberg) — Bolivia’s socialist government is mending ties with business leaders it once snubbed as it grapples to prevent a dollar shortage from crashing the economy. Finance Ministry and other government officials met last week with representatives from sectors including finance, manufacturing, construction and pharmaceuticals,…
Dollars and their impact on inflation | Dólares y su impacto en la inflación
Editorial, El Deber: The scarcity of dollars, a phenomenon that has intensified in recent months, directly impacts the prices of products and services, fueling inflation and threatening to erode the purchasing power of Bolivian families. The business sector has been one of the first to feel the effects of the lack of foreign currency. Importers…
Absence of dollars, exports of agricultural products released | Falta de dólares, liberan exportaciones de productos agrícolas
Mary Ortiz, AFP, EFE, Clarin, NewsRebeat: Change of direction in Bolivia: in the absence of dollars, exports of agricultural products are released Bolivia’s center-left government has made a change to its economic policy and agreed on Monday with entrepreneurs to free up agricultural exports, to cope a serious shortage of dollars. Economy Minister Marcelo Montenegro made…
Devaluation and loss of purchasing power | Devaluación y pérdida del valor adquisitivo
El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 