Evaluation of the Economic Model of Bolivia and its Growth based in Domestic Demand and Exports

Authors

  • César Manuel Romero Arnez

DOI:

https://doi.org/10.52428/20758960.v6i15.892

Keywords:

New economic model, Keynes economic policy, Public investment, National debt, Deficit and fiscal suplies

Abstract

This article finds its reason in the need to provide elements for an evaluation of the new model of economics policy implemented in Bolivia, the basis of its growth, its effect on public investment and the generation of a development economy. Bolivia has historically been characterized by having  public debt and fiscal deficit, because due to deficit state of our economy, expenditures have always exceeded budget revenues of the NGT (National General Treasure). Debt was therefore necessary to achieve the balance of the fiscal budget, this was mainly external debt. However, since 2006, Bolivia has managed to obtain surplus in the tax account, something that had not happened to the Bolivian economy, however, it does not mean that Bolivia continues without recourse to external debt. Similarly, public investment has ever achieved milestones, all within a context of a developing economy.

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References

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CEPAL (2013) Balance preliminar de las economías de América Latina y el Caribe.

MINISTERIO DE ECONOMÍA Y FINANZAS PUBLICAS, informe (abril 2014)

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!NE-Instituto Nacional de Estadística de Bolivia, informe (2013

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MINISTERIO DE ECONOMÍA Y FINANZAS PUBLICAS, (2014

Boletín del Ministerio de Economía y Finanzas Publicas de Bolivia, 2014

MOGROVEJO MONASTERIOS, R.J. "Desarrollo, crecimiento económico, reformas y apoyo de la cooperación internacional en Bolivia" en Observatorio de la Economía Latinoamericana, Nº 136, agosto 2010. Texto completo en http://www.eumed.net/cursecon/ecolat/bo/

Banco Central de Bolivia (BCB). Los datos fueron publicados en el "Reporte de Balanza de Pagos y Posición de Inversión Internacional" del BCB, (2014) La Paz- Bolivia.

Lykke E. Andersen & José Luis Evia IISEC-UCB Documento de Trabajo 09/2003 La Efectividad de la Ayuda Externa en Bolivia

Published

2015-04-30

How to Cite

Romero Arnez , C. M. (2015). Evaluation of the Economic Model of Bolivia and its Growth based in Domestic Demand and Exports. Revista Compás Empresarial, 6(15), 38–47. https://doi.org/10.52428/20758960.v6i15.892

Issue

Section

Reflection Research Paper

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