Bolivia’s Crucial Runoff: Will Washington-Aligned Reformers End Decades of Socialist Mismanagement?
As Bolivia faces a runaway economic crisis after two decades under socialist rule, voters must decide whether conservative reformers aligned with America’s interests can rescue the nation from inflation, fuel shortages, and corruption.
Bolivia is at a crossroads today. After nearly 20 years of the Movement Toward Socialism (MAS) party’s costly and ultimately failed experiments, the Andean nation faces a runoff presidential election that could reshape its future — and its relationship with the United States. Can Bolivia Break Free From Leftist Economic Failure? The statistics paint a troubling picture: year-on-year inflation soaring to 23%, the highest since 1991; critical fuel shortages crippling daily life; black-market exchange rates valuing Bolivia’s currency at half its official rate. Bolivians have been shut out from their own savings, while government mismanagement has paralyzed commerce and industry....
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