For this reason, in recent years he has resisted pressure from exporters to devalue the boliviano. Dutch disease? According to historians of the Bolivian economy, the periods of prosperity in the country's history responded to processes of expansion mobile phone number list and intensification of international trade in raw materials, when international prices rose (silver, tin, gas) and Bolivia took advantage of the opportunity that was offered to it. presented to sell mobile phone number list them at high prices.
The existence of a causal link between both facts is, today, a generally accepted theory. In the 1990s, attempts were made to relate economic growth mobile phone number list to savings and the availability of capital, because the attraction of foreign investment was considered to be the key variable. The national experience in that same decade and the two that followed showed that capital comes to countries like Bolivia, above all, through boomsexporters, which are accompanied bymobile phone number list " liquidity shocks " and increases in the level of foreign exchange reserves.
During a boom, the greater availability of dollars expands the country's aggregate demand, which boosts its legal and illegal imports and also its mobile phone number list internal activities –especially the “non-tradable”, those that can avoid import competition–; both dynamics generate employment and well-being like those experienced by Bolivia at this time.