El Diario reports: According to an study by IMF economists: Current crisis is not temporary but structural and long-term The flexibility of the exchange rate, which has increased in countries exporting raw materials during the last decade can help mitigate the impact of falling commodity prices. The International Monetary Fund (IMF) warned that the global…
Tag: macroeconomics
Detailed review of the Bolivian gov’s “accomplishments” using an IMF study on export prices decline.
Using this analysis from an IMF, World Economic Outlook study; direct ties with Bolivia situation are commented in these type of [brackets] along the whole document: WORLD ECONOMIC OUTLOOK ANALYSIS Commodity Exporters Facing the Difficult Aftermath of the Boom IMF Survey September 28, 2015 Commodity-exporting economies likely to slow further given weak commodity price outlook…
Micro entrepreneurs hesitate about paying the double Christmas bonus
ANF reports in El Deber: Micro entrepreneurs hesitate about paying the double Christmas bonus They will conduct a technical and economic study to evaluate their annual growth. However, the Supreme Decree 1802 does not provide for the suspension of payment in any case. The National Confederation of Micro and Small Businesses (Conamype) announced the completion of a…
Monetary whim of the “armored” Bolivian finance minister…
Humberto Vacaflor writes in El Diario: Monetary whim Convinced that the “economic miracle” of Bolivia is based on the fixed exchange rate of the currency, the finance minister refuses to meet the request of entrepreneurs in the country who suffer the consequences of the devaluation of the currencies of neighboring countries. The minister does not…
Bolivian gov’s mirage is fading! Sales drop in value and volume – Falling income, economic boom gone! – Trade deficit!
El Diario reports: First bimonthly 2015: Sales drop 27% in value and 6% by volume Bolivian exports to February 2015 show a general reduction in values and volumes exported. Likewise the average export prices have been continuously deteriorating, explained by less favorable external economic conditions. In the opinion of the Chamber of Exporters of Santa…
Bolivian Economics 101: The external debt, a serious problem
An Editorial from El Diario: The external debt, a serious problem It seems that there was always a kind of slogan in all governments: appeal for all to indebtedness. Grave resource that seriously compromises the country, both because interest is paid, even as low as they are, and in cases, commissions that even after many…
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