Analysis-Bolivia's creaking big state model rings warning bell in South America

Published on: Tuesday 27 June 2023

Bolivia's "economic miracle," a boom in the 2000s and 2010s that saw years of state spending lift millions of people into the middle class, is creaking, a warning sign to the wider region battling high inflation, shrinking government coffers and tepid growth. For years the Andean country enjoyed one of South America's fastest economic growth rates as a boom in demand for natural resources - mainly gas - helped the former leftist government of President Evo Morales fund social programs and cut po

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Analysis-Bolivia's creaking big state model rings warning bell in South America