An important part of Bolivia’s fiscal revenues are directly tied to world oil prices. Since oil prices are very volatile, so are Bolivia’s fiscal revenues. For example, if oil prices vary as much during the next couple of decades as they did during the previous two decades, then the fiscal...

The increase in natural gas sales to Brazil in the coming years will bring about substantial changes in the Bolivian economy. In this paper, we use a general equilibrium model to simulate the changes that will occur in the Bolivian economy and will consider the distributional impacts that are...