Carlos Mesa’s Uphill Effort to Defeat Evo Morales
Carlos Mesa’s Uphill Effort to Defeat Evo Morales
By
Brendan O'Boyle, Fernanda Uriegas
Why Bolivia’s leading opposition candidate has lost momentum.
According to the U.S.’ National Bureau of Economic Research, all is not well with Bolivia’s economy.
In a report published earlier this year, the bureau cited rising external debt and falling international reserves as early markers of a balance-of-payments crisis in the making. The authors note several similarities of current economic policies to those that preceded Bolivia’s debt crisis in the 1980s, including the country’s adoption of a fixed exchange rate.
But as long as Bolivia’s economy continues to expand – the...
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