By Carlos Jahnsen, El Diario: Bolivia faces the challenge of stabilizing its currency: undervaluation as the only path to stability Bolivia is living through its most decisive economic moment in four decades. The fixed exchange rate — once a symbol of stability — is now a trap that drains reserves and destroys competitiveness. It reflects…
Tag: government failures
The Indigenist Imposture Collapsed | Se derrumbó la impostura indigenista
By Carlos Toranzo, Brujula Digital: The MAS’s discourse, prior to the 2005 elections, had nothing indigenist about it — nor did its organic intellectuals. The left-wing NGOs, which were practically all of them, pushed a revolutionary nationalist program, anti-U.S. imperialism, anti-private enterprise, defending nationalizations of natural resources, promoting a state-run economy, betting on corporatist-style social…
Bolivia: Requires US$6 billion to confront the crisis | Requiere $us 6.000 millones para encarar crisis
By El Diario: According to Jubileo Foundation analyst Given the grave crisis Bolivia faces, estimates from Jubileo Foundation economic analyst René Martínez indicate that at least 6 billion dollars per year are required for fuel imports, debt payments, the return of foreign currency to the financial system, as well as to undertake an exchange-rate policy…
Rodrigo Paz: Transformando el panorama político de Bolivia | Transforming Bolivia’s Political Landscape
Por Devdiscourse: Rodrigo Paz, el primer presidente conservador electo de Bolivia en 20 años, promete reparar las relaciones con Estados Unidos y enfrentar los problemas económicos. Su gobierno se enfocará en atraer inversión extranjera y combatir la inflación, mientras navega reformas políticas sensibles. Paz, un candidato sorpresivo impulsado por su popular compañero de fórmula Edman…
Bolivia: Turns pragmatic | Gira al pragmatismo
By Daniela Romero, EFE, Vision 360: Liberal trend will shape the new Government of Bolivia, with a more “pragmatic” policy Whoever becomes president will generate the most important change of the last two decades, “the abandonment of the anti-imperialist ideology with which MAS has conducted Bolivia’s foreign policy,” says international politics analyst Andrés Guzmán. A…
Five key points to understand the broken economy the MAS government will leave behind | Cinco claves para entender la economía quebrada que dejará el gobierno del MAS
By Rocio Chavez, Radio Fides: Movement Toward Socialism MAS Diesel and dollar shortages /Illustrative Image/ After 20 years of hegemony by the Movement Toward Socialism (MAS), the country is facing a deep economic crisis that will define the start of the next government. The new leadership will have the challenge of stabilizing the economy in…
