Editorial, El Diario: The Bolivian economy has entered its fourth year of recession and, in this way, the decline of the Gross Domestic Product threatens the future of the national economy. Data from the World Bank and the International Monetary Fund show these characteristics, underscoring that Bolivia’s GDP has suffered an extraordinary drop which, naturally,…
Tag: uncertainty
We have the key to our development, but we are not using it | Tenemos la llave de nuestro desarrollo, pero no la estamos usando
By Oscar Antezana, El Dia: Throughout this series of four articles, we have pointed to the pressing need for a development strategy; otherwise, we may achieve economic growth without actual development. Hasn’t that been the case during the 20 years of MAS rule, even if we go further back? In these pieces, we have addressed…
Dollar account rigidity persists and USDT is an alternative | Persiste la rigidez para cuentas en dólares y el USDT es alternativa
By Erika Segales, El Deber: USDT is one of the most widely used types of digital dollars in the country, amid the shortage of foreign currency. Photo: Binance The amounts required to open an account range between $5,000 and $10,000. In addition, transaction limits have become barriers for users. In a context marked by a…
Dollar Drifts Toward Market Reality | El dólar se acerca al mercado
By El Diario: Dollar value responds to the market rather than the official exchange rate The behavior of the Central Bank of Bolivia’s (BCB) reference dollar value confirms that the Bolivian financial system is moving toward a scenario in which the price of the dollar increasingly responds to real market conditions rather than the official…
Usual Political Customs in Bolivia | Costumbres políticas usuales en Bolivia
By Carlos Toranzo, Brujula Digital: Racism has been one of the political customs that has run throughout the entirety of Bolivian history, joining the centuries-old discrimination of indigenous and popular sectors by oligarchies or aristocracies. If more than a century ago aristocracies discriminated against Indians, in the 21st century urban popular sectors and popular mestizos…
Dollar reality overtakes policy | La realidad del dólar supera la política
By Erika Segales, El Deber: The official dollar loses weight after 14 years, and the reference rate dominates the real economy Home purchases, payments abroad, and even digital services are now calculated using the “reference” exchange rate. This is compounded by a recent decision by the Central Bank of Bolivia (BCB) that loosens the market…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 