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Opinion: Bolivia is increasingly chaotic due to the drift of Arce’s economic model

By Mauricio Rios Garcia

A large part of the problems Luis Arce Catacora faces in exercising power can be explained by the difficulty in obtaining financing to try to keep afloat the economic model he designed and which Evo Morales imposed on Bolivia from the first day of May 2006, with the nationalization of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).

That was a problem that Morales also dragged along at least since 2013, when the economy began to slow down systematically, and even more so when in 2014, the prices of the raw materials that the country typically exports plummeted . . .

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