19 results
Fortun 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.
View detailsJonathan Fortun argues that removing Bolivia’s fuel subsidies was economically necessary but politically exposed. He examines how higher fuel prices can spread through transport, food costs, exchange rate expectations and household behavior. The essay assesses targeted income support, social conflict and political coordination as conditions for turning an emergency decree into a durable stabilization program.
View detailsFortun examines the financing and credibility required for Rodrigo Paz's gradual adjustment plans, emphasizing depleted reserves, fuel subsidies and the sequencing of external support.
View detailsFortun links declining gas production, rising electricity demand and costly fuel imports to the risk of energy shortages, describing a physical constraint beyond the election outcome.
View detailsFortun compares fuel-subsidy reforms abroad with Bolivia's constraints, warning that price shocks and weak political capacity make the impending adjustment socially difficult.
View detailsFortun argues that unsterilized domestic gold purchases expand liquidity and transmit fiscal strain into inflation, exchange-rate distrust and deteriorating monetary control.
View detailsFortun connects the political transition with opaque gold-backed financing and growing pension-fund exposure to public debt, arguing that these arrangements restrict future policy choices.
View detailsFortun interprets Bolivia's election as a reshuffling of established political forces and compares the fiscal, financing and institutional obstacles awaiting the next government.
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