Editorial, Los Tiempos: The volume of gas reserves in Bolivia is a mystery, at least for those who are not part of the state instances of the hydrocarbon sector. This lack of information violates Law 3740 of Sustainable Development of the Hydrocarbon Sector, enacted in August 2007, whose article 7 establishes that “YPFB, until March…
Tag: state-owned failures
Blow to the Economy | Mazazo a la economía
Editorial, El Dia: In a few days, the Bolivian economy will suffer another blow when the government approves a generalized increase for the universe of wage earners, which are actually very few in this country of informal workers. Indeed, Bolivia’s extensive informality, one of the largest in the world, is the result of harmful policies…
Navigating Economic Turbulence: Past and Present | Navegando la Turbulencia Económica: Pasado y Presente
By Juan Antonio Morales, Vision 360: The lessons of DS21060 for the current situation Stabilization now, as in 1985, could consist of exchange rate unification, fiscal consolidation, no more central bank credits to the government and its enterprises, and renegotiation of external debt. In the 1980-1985 quinquennium, the country faced some conditions similar to those…
More on the Elimination of Social Welfare Benefits | Más sobre la eliminación de los bonos sociales
Antonio Saravia, El Deber: My article from two weeks ago, which argued for the need to eliminate social welfare benefits, has sparked several reactions and a couple of interesting articles. Enrique Velazco and Roberto Laserna have joined the debate, expressing their opinions in separate columns that appeared in Brújula Digital. Let me start by summarizing…
The need for dollars and camouflage in works | La necesidad de dólares y el camuflaje en obras
Germán Huanca Luna, Urgente.bo: We repeat, the Social Community Productive Economic Model of the MAS does not work. The government takes advantage of the ignorance in economic matters of the social organizations and uses political blackmail for the approval of credits. Although the origin of the economic crisis and the lack of dollars has been…
Bolivia’s economic and political risks | Riesgos económicos y políticos de Bolivia
Bnamericas: Bolivia’s economy faces headwinds from a lack of dollars, dwindling international reserves and political infighting within the governing party. “While inflation is not a problem in Bolivia, as it came in below 3% in February, economic growth has slowed down significantly, with real GDP below 2%,” William Foster, senior VP of sovereign risk at…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 