El Diario reports: Former BCB president passes from review to approval The former president of the Central Bank of Bolivia, academic Armando Mendez, expressed favorable views on the decision of the Cabinet on Wednesday [07/10/2014], when approved the 2055 Decree setting ceilings for credit operations to the productive sector in a range of 6.0 to…
Tag: macroeconomics
Bolivian Economics 101: Current Bolivian gov’s economic manifestations
An Editorial from El Diario: The “plural economy” and their avatars It is possible that in the countries of the contemporary world, it has never been known the term “plural economy” much less ever attempted to implement it. The great economists and politicians who appeared during the nineteenth century never made any reference to that…
Bolivia among the five countries with MORE inflation!
Gregory Beltran reports for La Prensa: Rising food in the region was 1.3% higher in 2013 BOLIVIA IS ONE OF THE FIVE COUNTRIES WITH MORE INFLATION According to FAO report, the price increase implies a impact on welfare of the poorest households, because [the poor] allocate more money to that item. Bolivia started in 2013…
Inefficiency of the forced industrialization
Armando Mendez writes in Pagina Siete: Inefficiency of the forced industrialization Interventionism and State interventionism is a fact that was firmly in the past. It began in Europe, with what is called mercantilism and dates from the 1500’s. Before in the economy, there was no per capita growth. Production increased as the population increased, equal…
2014 Bolivian economic forecasts
Alberto Bonadona writes in Pagina Siete: Forecasts for 2014 Any prognosis that is made in the economy always will be an approach very close or very far away from what will actually happen. This obvious depends on another: of how reality actually unfold. However, economists (especially the “pundits”) love to make speculations about the near,…
The Bolivian economy as of August 2013
El Diario reports: The Bolivian economy as of August 2013 GROWTH: The growth rate of Bolivian GDP, as of June 2013 reached 6.5%. Meanwhile, the growth rate of the GDP from the manufacturing industry came to the 4.21% (March, 2013), according to – Macroeconomic Monitor -, the National Chamber of Industries [CNI]. INFLATION: 2013 inflation as…
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