El presente documento presenta una revisión de la reforma institucional en Bolivia entre 1982, año de la recuperación de la democracia, 1985, año de la aplicación de la economía de mercado y el año 2000. Es una revisión crítica asumiendo que la democracia y la economía de mercado no...

We examine how socio-political conflict in Bolivia has affected its economic performance since the 1970s. Such conflict includes strikes, demonstrations, road blockades, and conventional rent-seeking. Since conflict has costs, it diverts resources away from production, tends to reduce investment...

Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...