By Gonzalo Chávez, Brujula Digital: In Bolivia, the economy has shown the patience of a Tibetan lama when it comes to incubating its crisis, and the speed of a nosediving condor when it comes to unleashing it. For years, we watched the disaster slowly cook with all the classic ingredients: fiscal populism, a gas addiction,…
Tag: state-owned failures
Wages are worth 45% less compared to the dollar | El salario vale un 45% menos respecto al dólar
By Juan Carlos Salinas, El Deber: PURCHASING POWER The purchasing power of the boliviano is losing ground /Photo: ABI The loss of the boliviano’s purchasing power since 2024 has already reached 50%. The foreign currency is trading at Bs 15.17. According to the latest study (2023) by the International Labour Organization (ILO), Bolivia has a…
A “cross-cutting crisis” | Una “crisis transversal”
By El Diario: Business leaders call for solutions to a “cross-cutting crisis” In a commemoration of Labor Day marked by economic uncertainty, the Confederation of Private Entrepreneurs of Bolivia (CEPB) issued a strong statement expressing deep concern over the “cross-cutting crisis” currently afflicting the country. Through an official communiqué, the business leadership made it clear…
Crisis clouds May 1st: more inflation, less employment | Crisis opaca el 1 de mayo, hay más inflación y menos empleo
By Leonel Suárez, El Pais: While official events are being prepared in Tarija to highlight the historical struggle of the working class, the economic backdrop is clear. The College of Economists confirms the loss of purchasing power The crisis has increased informal employment in the country This May 1st, Bolivia commemorates International Workers’ Day in…
Beginning crisis with rise in parallel dollar | Comienza la crisis con incremento del dólar paralelo
By Leyla Mendieta Cruz, Unitel: “The crisis is beginning,” says Cadex regarding the rise of the parallel dollar The president of the Chamber of Exporters, Logistics and Investment Promotion of Santa Cruz (Cadex), Oswaldo Barriga, insisted that it is necessary to change the economic model and to authorize exports of products that are currently restricted…
The Worst Legacy of MAS | El peor legado del MAS
Editorial, El Día: In Bolivia, it is not only the economy that has been impoverished; the mind has been impoverished too. While the official narrative boasts of “inclusion” and “redistribution,” what the Movimiento al Socialismo has truly sown during almost two decades in power is a mentality of dependence, resignation, and conformity: a true poverty…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 