-
El Nuevo Regionalismo
El regionalismo ha sido y es en Bolivia un componente importante de la vida social política, desde el inicio de la República hasta nuestros días. Sin embargo, los desplazamientos de significación del término reflejan los cambios de orientación de los intereses y sensibilidades que han apoyado el regionalismo. Sin que ello signifique admitir una ruptura ...
-
The Transition from Stabilization to Sustained Growth in Bolivia
A major aim of the paper is to provide a thorough description of the post-stabilization macroeconomy as well as some indications of the unsolved problems. The maintenance of stabilization dominates the attention of Bolivian policy-makers. Other manifestations of macroeconomic disequilibrium, that may imperil price stability in the future, have received somewhat less recognition. In addition, ...
-
The End of the Bolivian Hyperinflation
Bolivia experienced between April 1984 and August 1985 the rather uncommon disgrace of hyperinflation.1 In those seventeen months, prices increased by a factor of 625. According to Sachs (1986), the Bolivian hyperinflation can be ranked as the seventh highest inflation in the world in this century and the only one not following a world war ...
-
Bolivian Trade and Development, 1952-1987
The most extreme example of the Latin American crisis of the 1980s is given by the Bolivian case. The rate of growth of Gross Domestic Product (GDP) were negative every year in the period 1982-1986, and in 1984-1985, Bolivia suffered from hyperinflation. The economic recovery after a successful inflation stabilization is being hindered by a ...
-
Adjustment and growth in a hyperinflation: The case of Bolivia
The main purpose of this paper is to examine the problems of external adjustment and of resumption of growth following the hyperinflation stabilization in Bolivia. The paper addresses a variety of questions concerning stabilization with liberalization, simultaneity in the liberalization of the current and capital accounts of the Balance-of-Payments, the costs of stabilization, the overhang ...
-
La Crisis Económica en Bolivia
Desde cualquier punto de vista, la crisis económica de Bolivia en los años 1980 ha sido extraordinaria. Al igual que sus vecinos, Bolivia sufrió grandes shocks externos, pero el alcance del colapso económico en el frente a estos shocks (incluida una hiperinflación durante 1984-85) sugiere que tanto factores internos como shocks externos han sido fundamental ...
-
Bolivia's Economic Crisis
By any standard, Bolivia's economic crisis in the 1980's has been extraordinary. Like its neighbors. Bolivia suffered from major external shocks, but the extent of economic collapse in the face of these shocks (including a hyperinflation during 1984-85) suggests that internal factors as well as external shocks have been critical to Bolivia's poor economic performance. ...
-
Inflation Stabilization in Bolivia
Bolivia experienced between the first quarter of 1982 and the fourth quarter of 1985, the highest inflation in the history of the Latin American republics. High inflation, but not at hyper rates had been present since the early months of 1982. Hyperinflation, if one uses Cagan’s (1959) criterion, started approximately in April 1984 and ended ...
-
Estabilización y Nueva Política Económica en Bolivia
El propósito principal de este documento es describir y analizar la política de estabilización puesta en marcha en Bolivia desde fines de Agosto de 1985. Los dos objetivos principales que fueron anunciados al público, al iniciarse el programa, fueron parar la alta inflación que se la sufría desde 1982 y que había desembocado en hiperinflación ...
-
Crisis y Política Económica en Bolivia de 1982 a 1985
No cabe duda de que Bolivia fue el país más afectado en América Latina por la crisis de endeudamiento internacional de 1982. La tardanza en reconocer internamente la naturaleza de la crisis, en diseñar los remedios apropiados para contrarrestarla y, finalmente, la extrema debilidad gubernamental para instrumentar los correctivos necesarios profundizaron sus repercusiones internas. La ...