What happens when a government nationalizes private ventures?

Milenio Foundation is a very reputable and serious think tank in Bolivia. They just published their Report “New nationalization cycle” No.150, dated June 8, 2012. To nationalize is to capture private companies and convert them to state-owned; in Spanish it is also called ‘estatizaciones’. The conclusions of this report follow: Conclusions The estimated cost of…

An interesting assessment of the Bolivian industry

Alberto Bonadona analyzes our industry, from El Deber: The national industry It is no secret that the domestic industry is emerging and, apart from what it may mean the oil sector, is highly concentrated in food products. This places, comparatively with countries undergoing industrialization, in a rudimentary stage. The first [place] of national industries, its…