Why Bolivia Is a Narco Paradise

The Black Market Reigns Supreme amid Confiscatory Regime

IO Podcast | Episode 12

Listen on Apple Podcasts | Watch on BitChute 

Mauricio Ríos—founder of Crusoe Research and a macroeconomic analyst—explains in this podcast episode how Bolivia has become a narco paradise. He contends most of the people in Bolivia work in the informal economy, specifically in black markets. Black markets have been growing in Bolivia due to excessive taxes, regulations on the labor market, lack of respect for private property, and investors fleeing the country. The trend suggests a black market growing even further. Ríos also analyzes how regionalism has soared in Bolivia since the Evo Morales constitution in 2009.

Recommended Links

Fergus Hodgson

Publisher: Fergus Hodgson is the director of Econ Americas, a financial and economic consultancy. He holds an MBA in finance from Rice University and bachelor’s degrees in economics and political science from Boston University and the University of Waikato. He was the founding editor in chief of the PanAm Post. Follow him on Twitter and LinkedIn.

More Posts

Join us in our mission to foster positive relations between the United States and Latin America through independent journalism.

As we improve our quality and deepen our coverage, we wish to make the Impunity Observer financially sustainable and reader-oriented. In return, we ask that you show your support in the form of subscriptions.

Non-subscribers can read up to six articles per month. Subscribe here.

Leave a Reply