Henry Oporto writes in Pagina Siete: Mining tax: zero over zero, equal zero The Ministry of mines, through its director of Legal Affairs Juan Carlos Carrasco, has confirmed that they want a 55% stake in mining projects operated by private utilities for Comibol. Percentage which would be set for contracts of Association of the State…
Tag: public policy failures
Current Bolivian president’s legacy…
An exceptional analysis by Franklin E. Alcaraz Del C. in El Dia: Evo’s Legacy When Evo is gone, because one day he will go, he will leave a country that has tried almost everything. Will leave, in spite of him surely, a country divided like never before. Divided racially, politically and, what is worse, consciously….
Bolivia to experience dollar black market due to governmental inefficiencies
An important warning that current government should consider seriously as in the past, the black market on dollar exchange has caused inflation, speculation and less competitiveness to our economic activities. From Los Tiempos: BY TAX BURDEN | The national private banking provides that it will have to abandon the sale of foreign currency because of…
Bolivian banking system 101: is it profitable to save? do we have an alternative?
An interesting and clear economic analysis by Karina Moreno Sainz in El Deber: How much banks pay savers? Saving is the act by which a part of the possible present consumption is waived in order to achieve an increase of future consumption. This sacrifice requires compensation, which comes to be passive interest rate, sometimes, more…
And this is how Bolivia intends to boost employment and fight poverty… nationalizations?!
Pagina Siete reports on the “achievements” of current central government’s doings… or wrongdoings??!! Nationalizations The country is facing at least 13 international arbitrations The Attorney general of the State, Hugo Raúl Montero, reported yesterday that there are at least 13 processes of arbitration faced by Bolivia for the nationalization of transnational corporations. The Authority said…
and… Karachipampa plant only worked three weeks… so much for current Bolivian central gov efficiency?!
If we look at current government’s successes… we get tired by looking and frustration comes along… whatever this gov engages in, aside of being in perpetual electoral campaign, nothing seems to work for the socialism of the 21st century… Radio Fides reports in HoyBolivia.com: Karachipampa plant only worked three weeks RADIO FIDES- A geologist and…
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