that time Bolivia's fiscal policy was countercyclical To the behavior of the Latin American Product (increases in fiscal … Bolivia. The structure of a Dynamic Stochastic General Equilibrium Model (DSGE) helps us to understand the transmission …

After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained … and a fixed exchange rate policy during the 1970s led to a debt crisis that began in 1977. From 1977 to 1986, Bolivia lost … almost all the gains in GDP per capita that it had achieved since 1960. In 1986, Bolivia started to grow again, interrupted …

After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained …, Bolivia lost almost all the gains in GDP per capita that it had achieved since 1960. In 1986, Bolivia started to grow again …. Bolivia has grown since 2002, but government policies since 2006 are reminiscent of the policies of the 1970s that led to the …

After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained … and a fixed exchange rate policy during the 1970s led to a debt crisis that began in 1977. From 1977 to 1986, Bolivia lost … almost all the gains in GDP per capita that it had achieved since 1960. In 1986, Bolivia started to grow again, interrupted …

taxation in a regime of fiscal dominance of monetary policy. Hyperinflation occurred when further debt accumulation became …