Bolivia’s New President Rodrigo Paz Faces Uphill Battle Ending Two Decades of Leftist Rule
Rodrigo Paz’s inauguration marks a critical pivot away from Bolivia’s long-standing socialist regime. Yet, entrenched economic turmoil and political fragmentation reveal the massive challenges ahead—and what lessons America can draw.
In a decisive turn for Bolivia and for all who cherish national sovereignty and economic freedom, conservative leader Rodrigo Paz was sworn in as president, ending nearly two decades of left-wing rule under the Movement Toward Socialism party. This transition is not just a change of faces—it signals a broader rejection of failed statist policies that have devastated Bolivia’s economy and isolated it from global markets. How Long Can Bolivia Endure the Fallout from Socialist Policies? Paz inherits an economy crippled by chronic fuel shortages, soaring food prices, and scarce U.S. dollars—a stark reminder of the dangers when governments replace...
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