By Amparo Ballivián, Brújula Digital: In 1984, Bolivian business leaders designed a structural adjustment plan (the basis of Supreme Decree 21060) and validated it with Jeffrey Sachs. Today, Harvard (Ricardo Hausmann) is proposing similar solutions for the current crisis, ratified by 90 Bolivians. The formula is classic: reduce the deficit, liberalize markets, and align prices…
Tag: public policy failures
Elections or Coup d’État | Elecciones o golpe de Estado
By Carlos Toranzo Roca, Brujula Digital: In 2003, Gonzalo Sánchez de Lozada was forced to resign. The social mobilizations were not innocent; they wanted to oust him from power. El Mallku explicitly said they had rebelled and that government personnel were ambushed in Warisata to overthrow the government. The mobilizations in El Alto were not…
40 Years Later: Harvard and Bolivia’s Cyclical Crises | A 40 años de distancia, Harvard y las cíclicas crisis bolivianas
By Raúl Peñaranda, Brujula Digital; Harvard returns to the center of Bolivia’s economic debate, 40 years after Sachs’ historic plan. Today, economist Hausmann leads a new analysis to confront the crisis. As in 1985, the university offers ideas, but decisions rest in Bolivian hands. Marcelo Claure addresses the audience at Harvard. Behind him stands Professor…
Government forewarned, half saved | Gobierno alertado, medio salvado
By Francesco Zaratti: I paraphrase a phrase of my grandmothers to indicate that warnings are not negative criticisms but sincere wishes to avoid problems that approach. The current hydrocarbon crisis in Bolivia is not the product of a meteorite falling from the sky, or an unpredictable earthquake, but the natural result of mistakes, omissions, amateurism…
Blindness or Complicity? Velazco and Colque criticize the IMF for applauding the MAS for years | ¿Ceguera o complicidad? Velazco y Colque critican al FMI por aplaudir al MAS durante años
By Brújula Digital: Columnists Enrique Velazco and Gonzalo Colque criticized the IMF for applauding the MAS model for years and only now warning of its collapse. They accused the organization of ignoring structural weaknesses and issuing late alerts, now that the severity of Bolivia’s economic crisis is evident. Development experts Enrique Velazco and Gonzalo Colque…
Street money changers sell the dollar at Bs 16.50 in La Paz | Los librecambistas venden el dólar a Bs 16,50 en La Paz
By Carlos Quisbert, Vision 360: Speculation These individuals refuse to give information and accuse the media and the public of “exaggerating” the issue of the U.S. dollar exchange rate. One of the money changer stalls, on the corner of Sagárnaga Street and San Francisco Square. Photo: Carlos Quisbert. At some money changer stalls and exchange…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 