Bolivia: Needs a Wartime Economy | Necesita una economía de guerra

Editorial, El Dia: Germany was in ruins in 1945, destroyed by war and suffocated by the price controls imposed by the Nazi regime. Bolivia is going through a similar situation: devastated after 53 days of criminal road blockades that wiped out more than $1 billion, destroyed foreign markets, and cost lives. Bolivia needs its own…

The salary negotiation and reality | La negociación salarial y la realidad

Editorial, El Deber: The Bolivian Labor Confederation and the Government are in full negotiation over salary increases. The labor union is asking for an eight percent increase in the basic salary and a seven percent increase in the national minimum wage. This aspiration is completely detached from reality, reflecting a trend towards tightening belts in…