Perspectives connected to the research.
8 results
Fortun contrasts Bolivia's historical currency redenomination with its current exchange-rate adjustment, using an equilibrium-rate framework to argue that nominal change can precede deeper economic repair.
View detailsFortun contrasts Bolivia's exchange-rate announcements and IMF staff agreement with limited usable reserves, arguing that simultaneous policy headlines do not by themselves resolve the external constraint.
View detailsFortun assesses Bolivia's new market-referenced official exchange rate and bank selling limits, asking whether the framework can clear the currency market or preserve rationing and parallel pricing.
View detailsFortun estimates the economic costs of prolonged Bolivian blockades and explains how lost output, disrupted logistics and higher household prices narrow the space for stabilization.
View detailsFortun challenges outside interpretations of Bolivia centered on commodities and protest, arguing that inherited political institutions and contested state authority shape the reform crisis.
View detailsFortun examines Bolivia's bond-market return before an IMF agreement, arguing that fuel costs, inflation, blockades and entrenched political networks complicate the sequence of stabilization.
View detailsFortun distinguishes renewed investor appetite from durable stabilization, examining domestic debt, scarce liquid reserves and the risks of borrowing abroad before restoring fiscal credibility.
View detailsFortun argues that Bolivia's fuel-subsidy reform needs a broader fiscal anchor and that implementing it during December's seasonal demand peak intensifies inflation and uncertainty.
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