Economics and politics of the bolivian model 2006-2014: preliminary assessment

Main Article Content

Autores

Guillermo Alexander Arevalo Luna

Abstract

Bolivia suffered a profound political and socioeconomic change within
the period 2006– 2014, shifted from a liberal development model to a
mixed economy. The State has a complete control of economic resources
and main incomes of industry. The surplus generated by commodities
contributed to the income distribution policy and also was used for fighting
against poverty by a better education and health. The macroeconomic
model was successful: the Bolivian economy grew at an average rate of
4.6% yearly during the period 2006–2014 and registered a fiscal surplus,
a positive trade balance and an increase in the volume of international reserves.
Now the country has macroeconomic stability and low inflation.

Keywords:

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