
Without reserves: Bolivia faces an economic crisis
Economist Podcasts
Bolivia's Economic Crisis: Currency Challenges and Future Prospects
This chapter explores the economic turmoil in Bolivia, particularly the challenges faced by money changers amid a shortage of U.S. dollars and rising interest rates. It delves into the country’s heavy reliance on natural gas exports, the decline in investment due to nationalization, and the surge in public debt. Additionally, it highlights citizens' growing distrust in the boliviano currency and the potential for strategic investments in resources like lithium to reshape the nation’s economic future.
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