NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Bolivia's Economic Crisis

Juan Antonio Morales, Jeffrey Sachs

NBER Working Paper No. 2620
Issued in June 1988
NBER Program(s):   ITI   IFM

By any standard, Bolivia's economic crisis in the 1980's has been extraordinary. Like its neighbors. Bolivia suffered from major external shocks, but the extent of economic collapse in the face of these shocks (including a hyperinflation during 1984-85) suggests that internal factors as well as external shocks have been critical to Bolivia's poor economic performance. One major theme of our work is that the recent economic crisis in Bolivia is a reflection of political and economic conflicts in Bolivian society that have undermined the development process throughout this century. While major reforms have been begun by the present government, many of the deepest problems in Bolivian society that contributed to the crisis remain unresolved.

download in pdf format
   (291 K)

email paper

This paper is available as PDF (291 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w2620

Published:

Users who downloaded this paper also downloaded these:
Morales and Sachs Bolivia’s Economic Crisis
Sachs w2073 The Bolivian Hyperinflation and Stabilization
Morales and Sachs An Overview of Macroeconomic Performance
Kaplan and Rodrik w8142 Did the Malaysian Capital Controls Work?
Morales and Sachs References
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us