By El Diario: Bolivia needs around $800 million to purchase fuel, while debt payments are close to that amount. Following President Luis Arce Catacora’s statements that the country “lives day to day” due to the lack of dollars—along with the downgrade by Standard & Poor’s (S&P)—Bolivia’s economy remains at risk regarding debt payments and fuel…
Tag: public policy failures
Arce Admits the Dollar May Never Return to Official Rate | Arce admite que el dólar quizás nunca vuelva al tipo oficial
By Brújula Digital: President Arce says it is “likely” that the dollar will not return to the official exchange rate The president said that among the reasons making it unlikely for the dollar to return to the official exchange rate is “planet-wide” inflation. He ruled out a devaluation of the national currency. President Luis Arce…
China-backed gold mines flood towns and pollute rivers in Bolivia | Las minas de oro respaldadas por China inundan pueblos y contaminan ríos de Bolivia
By Entorno, Brujula Digital: In the mining center of Tipuani, Chinese investors remain distant and difficult to locate. Their silent presence is transforming the region, raising questions, tensions, and a growing sense of division Fidel Véliz, a victim of the disaster, tries to enter his house through the contaminated water. Photo: Entorno The water reaches…
Harvard and Bolivia, the Commutative Property | Harvard y Bolivia, la propiedad conmutativa
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…
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…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 