By El Diario: The change of government and economic model after nearly 20 years has improved Bolivia’s economic indicators, according to analyst and former president of the Tarija College of Economists, Fernando Romero. The new government of Rodrigo Paz Pereira has sent positive, concrete signals of a pragmatic State willing to work with the private…
Tag: state-owned failures
“This is a sewer of extraordinary dimensions” | “Esto es una cloaca de dimensiones extraordinarias”
By Lourdes Molina, El Deber: President Paz’s harsh diagnosis Rodrigo Paz, president of Bolivia | Photo: APG On Thursday afternoon, Paz swore in the board of directors of the Central Bank of Bolivia. He spoke harshly about the economic situation left by the outgoing government. President Rodrigo Paz described as a “sewer” the situation in…
Paz inherits a subsidy system that consumes more than Bs 11 billion per year | Paz hereda un sistema de subsidios que consume más Bs 11.000 millones al año
By Ernesto Estremadoiro, El Deber: The new economic cabinet of President Rodrigo Paz will face the challenge of reactivating energy production amid scarcity. Photo: Ricardo Montero Subsidies, collapsing production, and the depletion of mega-fields foretell a massive challenge for President Rodrigo Paz. Analysts warn that the model is unsustainable and that Bolivia will have to…
Paz: Backs Meritocracy | Impulsa la meritocracia
By Lourdes Molina, El Deber: “It’s time to give way to meritocracy,” says Paz after swearing in his cabinet New ministers / Photo: APG This Sunday, at the Palacio Quemado, Rodrigo Paz swore in his ministerial cabinet. Rodrigo Paz during the swearing-in of ministers/Photo: APG “It’s time to give way to meritocracy,” said Rodrigo Paz…
Paz Effect: Country Risk Drops and Dollar Rate Stabilizes | Efecto Paz: riesgo país baja y se estabiliza la cotización del dólar
By Ernesto Estremadoiro, El Deber: Paz, together with Vice President Lara, leaving Palacio Quemado / Photo: APG The change of government shook the market in a positive way. The parallel dollar rate is stabilizing around Bs 10.68, while the fear of investing in the country is falling after the shift in state administration. Bolivia woke…
Energy crisis or hydrocarbon crisis? | ¿Crisis energética o crisis de hidrocarburos?
By Francesco Zaratti: Contrary to what is heard daily, Bolivia is not facing an energy crisis, but a hydrocarbon crisis. In fact, there are no blackouts or electricity rationing, although there are long lines at fuel pumps. It is true that two-thirds of the electricity we consume is generated by burning natural gas, but precisely…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 