Bolivia’s Bicentennial Masked by Economic Strife and Political Turmoil

On August 6, Bolivia marked its bicentennial—two centuries since breaking free from Spanish colonial rule. Yet, this milestone was far from a triumphant celebration. Instead, it unfolded amid an ongoing economic crisis marked by dollar shortages, fuel scarcity, and rising food prices. These hardships ripple beyond Bolivia’s borders, impacting regional security and trade relations essential to America's interests.Is Bolivia’s Socialist Model Failing Its People?Since the era of Evo Morales and continuing under President Luis Arce, Bolivia has adhered to the so-called 'Social Community Productive Economic Model,' placing the state at the center of economic activity. However, this model has led...