This paper discusses the implementation of the Heavily Indebted Poor Country (HIPC) initiative in Bolivia. It has been agreed in principle that the debt relief funds should be channeled to municipal governments in order to strengthen the ongoing decentralization process and to secure maximum...

This paper investigates the impacts of regional integration processes on poverty in Bolivia. It first demonstrates that regional integration has stimulated a diversion of trade away from traditional US and EU markets towards countries of MERCOSUR and the Andean Community. At the same time, the...

This paper seeks to test to which extent geographical constraints can be blamed for Bolivia s poor growth performance during the last three decades. Although geographical characteristics are too stable to explain the dramatic fluctuations in growth rates over time in Bolivia, there are at least...

The global financial crisis is expected to have a negative impact on the Bolivian economy. Effects will transmit into the economy through lower export prices and quantities, reduced amount of remittances and depressed foreign direct investment (FDI) flows. These shocks will bring about deficits...

El documento tiene el objetivo de evaluar los flujos comerciales de la economía boliviana en el período 1992-2000. Para tal efecto, fue estimada la llamada ecuación de gravitación, con esta metodología es posible comparar el peso de la influencia de los determinantes del comercio, como la...

El trabajo tiene como objetivo determinar los factores que explican los niveles de ineficiencia técnica del sector bancario boliviano en el período post-liberalización financiera. Los resultados obtenidos mostraron que los factores que explicarían los niveles de ineficiencia son...

El documento proporciona una descripción de la vulnerabilidad de la economía boliviana por la exportación de productos primarios: minerales e hidrocarburos. Los cambios estructurales introducidos en la economía boliviana desde 1985 han disminuido la participación del Estado en la...

Conventional banking practices do not easily accommodate the financial needs of poor persons. Group-lending, on the other hand, has found several advantages in the context of poor borrowers with no collateral to offer. An important advantage is that the bank’s losses due to unsuccessful...

This paper seeks to establish the factors related to the Human Development Index, incorporating the spatial dimension in the analysis of its determinants. The variables were classified into four groups: geographic, socio-economic, demographic and infrastructure and services. The results show...

The paper analyzes the Bolivian experience in switching from an old publicly managed pay-as-you-go pension system to a privately managed, fully funded pension system.