El Diario: International organizations observe a complex picture of the Bolivian economy, with the reduction of reserves, a high country risk and low foreign investment. In this framework, economists maintain that Bolivia will be among the economies in crisis in South America, if its model does not change. The economist and former authority of the…
Tag: state-owned failures
Lies, deceptions of bankrupt masismo | Mentiras, engaños del masismo en bancarrota
Erbol, El Diario: They associate ‘statistical tables’ of ministers with misleading mirrors Given the recent crusade of President Luis Arce’s ministers, exposing statistical data on the economic situation, analyst Luis Eduardo Siles stated that “the economic charts” resemble the little mirrors brought by the Spanish to deceive the indigenous people during the colonial era. He…
Worst impossible? | ¿Peor imposible?
Editorial. El Deber: The first week of 2024 has passed. Even in adverse situations, the arrival of a new year helped renew faith and hope to improve what was done in the previous 12 months. But this time it was different; In just six days the most fervent wishes were shattered because Bolivia is experiencing…
There are NO dollars | 1 US$ = Bs7,8 | NO hay dólares
El Diario: In the parallel market it costs more than Bs 7.8 per unit Mobilizations announced due to shortage of dollars in the country Given the prolonged shortage of dollars in the national market, importers announced a mobilization, since this currency is used in different international trade transactions. The need to acquire the currency leads…
LIBERTARIANS? LIBERALS? | ¿LIBERTARIOS? ¿LIBERALES?
Oscar Antezana Malpartida, El Dia: Being libertarian is fashionable. Everyone talks about libertarianism but, I am sure, many without knowing exactly what it means, what it postulates or what it defends. It is fashionable because its arguments are persuasive and simple to market. For example, the libertarian is against taxes because it steals the product…
They question the existence of International Reserves | Ponen en duda la existencia de Reservas Internacionales
El Diario: According to information from the Central Bank of Bolivia (BCB), until August the reserve figure reached 2,147 million dollars; but the amount closed until December 2023 is unknown. Economists doubt the existence of the Net International Reserves (RIN), indicating that they no longer exist, since the lack of transparency and information causes more…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 