El Diario: With serious harm to the population Shortage of dollars forces buying from the parallel market at more than Bs 7.70 The shortage of dollars in the country has caused the parallel market to gain importance and therefore the price of the North American currency has risen above 7.70 bolivianos per currency; Paradoxically, the…
Tag: macroeconomics
Investment restrictions can cause capital flight | Restricciones a las inversiones pueden causar fuga de capitales
El Diario: The ban on capital outflows was described by economists as a desperate measure, since any ban in the economy entails the creation of a “black market,” which is a bad sign for investors. Likewise, “capital is going to leave the same, the market is going to be distorted and capital flight will be…
On the verge of bankruptcy – Bolivia – Al borde de la quiebra
El Diario: Bolivia is on the list of 21 countries on the verge of bankruptcy Data compiled by Bloomberg show that Bolivia is among the 21 countries on the brink of bankruptcy and some have already made the decision to renegotiate their debt. The rapid rise in Treasury yields has once again raised fears of…
Lack of information increases country risk level | Carencia de información eleva nivel de riesgo país
El Diario: Lack of economic information increases Bolivia’s country risk The lack of information on international reserves, of the Gross Domestic Product (GDP), added to the shortage of dollars generates distrust at the international level and causes an increase in the level of country risk. Meanwhile, the Government assures that Bolivia has positive economic indicators…
Bonanza? The tale of filled restaurants | El cuento de los restaurantes llenos
Editorial, El Dia: The Bolivian economy faces a threat that cannot be ignored, much less disguised with the story that we are fine because the restaurants are full. We are talking about the overwhelming weight of public debt. The numbers are alarming and deserve responsible attention from the authorities. A recent study reveals that the…
When finances start to fail | Cuando las finanzas empiezan a fallar
Signs of concern in the Bolivian economy German Huanca (*) When finances begin to fail, the symptoms that manifest in a family economy, or a country, are evident. For example, income begins to fall, savings begin to be used and credits or loans increase. What is happening in the Bolivian economy is worrying, the signs…
