‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
A fossil gas boom that lifted millions out of poverty has collapsed and inflation is rising – but not everyone believes selling gold and soya is the answerOnce hailed as the “energy heart of South America”, Bolivia’s economy was buoyed up by a fossil gas boom from 2006 to 2014. At its height, then-president Evo Morales commissioned a gleaming presidential…
A fossil gas boom that lifted millions out of poverty has collapsed and inflation is rising – but not everyone believes selling gold and soya is the answerOnce hailed as the “energy heart of South America”, Bolivia’s economy was buoyed up by a fossil gas boom from 2006 to 2014. At its height, then-president Evo Morales commissioned a gleaming presidential…