The cheap demagogue speeches advocating socialism are fading away… the unfortunate thing is that they managed to kill one of the best textile companies Bolivia ever had. The coca grower caudillo managed to take over the private enterprise and made wonderful promises to the workers and Bolivians in general. He claimed there were going to…
Tag: Ochlocracy
Bolivian State enterprises do not justify their creation, they are a result of cheap demagogue and incompetence!
El Diario reports: State enterprises do not justify their creation • Political decisions, lack of managerial skills and market knowledge influenced on the failure of three firms in 2015, according to economists Economists Rolando Morales, Gonzalo Chavez and Roberto Laserna, warn that political decisions from the authorities, the lack of managerial skills and knowledge of…
Bolivia police, workers clash at protest over plant shutdown
AP reports for Fox News World: Bolivia police, workers clash at protest over plant shutdown LA PAZ, Bolivia – Anti-riot police and workers clashed in Bolivia’s capital during a protest against the government’s decision to close the country’s largest state-run textile company. Officials said police fired tear gas at protesters and kept them from seizing…
Between political instability and authoritarianism in Bolivia
openDemocracy reports: Middle classes in Latin America (6). Between political instability and authoritarianism in Bolivia by DANIEL E. MORENO MORALES A context of economic crisis could send many people back to poverty in Bolivia, fueling a situation of discontent that could bring back the climate of instability and political uncertainty. [for Spanish version, use this…
Bolivian external debt rose by 10.5%
El Dia reports in hoybolivia.com: The external debt rose by 10.5% El Dia.- The balance of Bolivia’s external debt at the end of year 2015 increased by 10.5% over the previous year, despite of that, its structure remains sustainable, reported yesterday the Central Bank of Bolivia (BCB). “The ratio between the balance and gross domestic…
Bolivia: Disabled protesters clash with riot police over state benefits in La Paz
International Business Times reports: Bolivia: Disabled protesters clash with riot police over state benefits in La Paz By James Lillywhite [to watch video, please use link at the bottom] Disabled protesters clashed with riot police in Bolivia, as the call for a rise in state benefits in the country intensifies. Dozens of protesters could be…
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