Writing / March 22, 2025
Bolivia’s Macroeconomic Freefall, Part III: Fiscal Space and the Fury Ahead
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About this work
Fortun argues that losses at state enterprises deepen Bolivia’s fiscal financing gap, while declining gas exports, scarce reserves and informality limit its adjustment options. He contrasts these constraints with Argentina’s and examines the political obstacles to fiscal reform.
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Research theme
Jonathan Fortun’s research on Bolivia’s economy: exchange rates, inflation, monetary conditions and the links between macroeconomic adjustment and development.
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