Template-Type: ReDIF-Paper 1.0
Author-Name: Ricardo Hausmann
Author-Email: ricardo_hausmann@harvard.edu
Author-Workplace-Name: Harvard's Growth Lab
Author-Person: pha552
Author-Name: Lucila Venturi
Author-Name: Clement Brenot
Author-Workplace-Name: Center for International Development at Harvard University
Author-Name: Ana Abad
Author-Workplace-Name: Harvard's Growth Lab
Author-Name: Guillermo Arcay
Author-Workplace-Name: Harvard's Growth Lab
Author-Name: Fernando Garcia
Author-Name: Timothy Freeman
Author-Name: Lucas Lamby
Author-Workplace-Name: Center for International Development at Harvard University
Author-Name: Taimur Shah
Author-Workplace-Name: Harvard's Growth Lab
Title: Bolivia’s Economic Pivot: Main Findings and Reform Priorities
Abstract: This publication synthesizes the main findings and recommendations from a series of reports on Bolivia’s Economic Pivot. We examine the origins of the current crisis and propose a strategy to restore macroeconomic stability while supporting long-term growth. Bolivia’s macroeconomic collapse is the most visible symptom of a much deeper crisis. While the contraction of natural gas production was a key trigger, the country’s crisis stems from a broader institutional breakdown that weakened private investment, export capacity, and productivity growth across the economy. In response, we outline a comprehensive reform plan based on 5 pillars: 1) a growth-enhancing and credible fiscal consolidation; 2) an effective and targeted social compensation network; 3) a restoration of external balance and monetary credibility; 4) renewed investment attractiveness and restored export potential in strategic sectors; and 5) a new institutional foundation for developing new productive capabilities.
Creation-Date: 2026-04
Keywords: Bolivia
Number: 260
Handle: RePEc:glh:wpfacu:260
File-Url: https://growthlab.hks.harvard.edu/wp-content/uploads/2026/05/2026-04-glwp-260-bolivia-economic-pivot-summary-english.pdf
File-Format: application/pdf
File-Url: https://growthlab.hks.harvard.edu/wp-content/uploads/2026/05/2026-04-glwp-260-bolivia-economic-pivot-summary-spanish.pdf
File-Format: application/pdf