Global Financial Crisis Discussion Series - Paper 13: Bolivia Phase 2

This paper analyses the behaviour of the Bolivian economy before and after the outbreak of the global financial crisis. Section 2 analyses in detail the type of shocks that have hit the Bolivian economy with the outbreak of the crisis, and their magnitude and intensity. The shocks identified are: export prices, quantity exported, remittances, aid and capital flows. Section 3 analyses the channels and transmission mechanisms through which the global crisis has spread into the different sectors of the economy. Section 4 discusses the policy responses implemented by the government in order to deal with the negative impacts of the crisis, in macroeconomic and social areas. This section also discusses the structural factors that could put at risk the long-term sustainability of the policies implemented by the government.

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Author:Luis Carlos Jemio, Osvaldo Nina
Series:ODI Publications
Publisher:Overseas Development Institute (ODI), London, United Kingdom