Abstract

This paper uses different approaches to determine the contribution of internal policies and external factors on the good performance of the Bolivian economy in the recent past. It is demonstrated that the extremely favorable external conditions are mainly responsible for its bonanza, and that the domestic policies have, probably, caused more harm, than good. The extent of the harm ranges from 2% to up to 6.1% of GDP per capita.

Details

Title
Skills versus Luck: Bolivia and its recent Bonanza
Author
Chumacero, Rómulo A 1   VIAFID ORCID Logo 

1  Department of Economics of the University of Chile, Santiago, Chile 
Pages
1-27
Publication year
2019
Publication date
Jul 2019
Publisher
Economica
ISSN
21983526
e-ISSN
2196436X
Source type
Scholarly Journal
Language of publication
English
DOI
https://doi.org/10.1186/s40503-019-0069-1
ProQuest document ID
2266244922
Copyright
Latin American Economic Review is a copyright of Springer, (2019). All Rights Reserved., © 2019. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.