Alberto Bonadona writes in El Deber: Slowing inflationary pressures Officially the monetary authorities accept that the goal of 4.8% inflation expected this year will not be achieved. To avoid the pressures that drive prices to rise, the Central Bank is issuing more bonds, trying to reduce the money in the hands of the public. A…
Tag: macroeconomics
Ronald H. Coase’s work and Bolivia
Pedro Shimose writes in El Deber: . . In memory of Ronald H. Coase Has died the British Economist, US nationalized, Ronald Harry Coase (Willesden, near London, 12/29/1910 – Chicago, 09/02/2013 / Nobel Prize 1991), at the age of 102. Contemporary of Paul A. Samuelson (1915-2009 / Nobel Prize 1970), said: “in this age of…
Five providential causes that support the economy
Luis Antezana writes wonderfully for El Diario: Five providential causes that support the economy There are two ways to learn about the status and the development of a country: if wealth occurs from the inside or if prosperity is caused by external factors. In the first case, the development is originated in domestic production and…
Analysis of the 2013 General Budget of the State, by the Jubileo Foundation
The Jubileo Foundation has issued its “2013 Budget Analysis”; here the summary and two charts, full original Spanish doc can be found at the link, below: Summary: The General Budget of the State for year 2013, presents an increase on fiscal revenues, but expenses are also increased. At the Central Level, it is observed a deficit…
Bolivia is in the last place due to lack of budgetary transparency
From ANF [Fides News Agency]: THE COUNTRY IS IN LAST PLACE DUE TO LACK OF BUDGETARY TRANSPARENCY It reached just 12 points due to lack of appropriate publications from the project’s budget and for not spreading understandable information for the population in general, the rating is on a 100 point scale. La Paz, 26 Jan…
The 2013 Bolivian State Budget
The following article describes the 2013 State budget; it also displays the size of a huge subsidy… over a billion dollars which may hunt us sooner or later… Article written by Mery Vaca from La Paz, for El Deber: The subsidy exceeds one billion dollars The 2013 PGE increases the amount to keep in Bolivia:…
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