Juan Antonio Morales writes for Americas Quarterly: The Economic Challenges Facing Bolivia’s Next Government The country’s political crisis has masked concerning macroeconomic trends. In 2019, Bolivia’s political institutions were put to the test. In the new year, it may be the economy’s turn. Many are hoping elections slated for May will help quell the turmoil…
Tag: macroeconomics
Taxes paralyze higher production – Impuestos paralizan una mayor producción
A most needed Editorial from El Diario, graph at the bottom from an earlier post: Taxes paralyze higher production When a government acts blindly, without foreseeing consequences of what it does and only fulfills its demagogic and populist ends, what happens in the national industry occurs. There are many taxes that over time and the…
The Minister of Economy estimates a growth of 2.6% by 2020 – El ministro de Economía estima un crecimiento de 2,6% para 2020
Mauricio Vasquez reports for El Deber: The Minister of Economy estimates a growth of 2.6% by 2020 The authority, which was on Saturday at EL DEBER Radio, said the transition government will guarantee the exchange rate and the payment of bonds. In addition, he said that the inflation of this year will not be high…
Bolivian bonanza is gone … Fitch Ratings forecast are not encouraging
Ernesto Estremadoiro reports for El Deber: Fitch Ratings forecasts 2.8% growth rate for Bolivia in 2020 The international rating agency maintains the negative economic outlook it had released in June. In addition, the recovery is uncertain due to the fall in the volume of gas exports up to -22% and the fall in international reserves…
Bolivia: the largest informal economy
Jimmy Ortiz writes in El Diario: Bolivia has the largest informal economy in the world, according to the International Monetary Fund (IMF). In a working document entitled Shadow economies around the world: what have we learned in the last 20 years? In which 158 economies were studied, the country obtained a percentage of 62.3% (El…
On a more likely presidential election fraud: under evo the perspective of the economy, which went from “stable” to “negative” and is “uncertain” beyond 2019
Fitch reports, for Spanish use Pagina Siete’s last bottom link: Fitch Revises Bolivia’s Outlook to Negative; Affirms IDR at ‘BB-‘ Fitch Ratings – New York – 20 June 2019: Fitch Ratings has affirmed Bolivia’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘BB-‘ and revised its Outlook to Negative from Stable. KEY RATING DRIVERS The…
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