Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189508 
Year of Publication: 
2004
Series/Report no.: 
Development Research Working Paper Series No. 03/2004
Publisher: 
Institute for Advanced Development Studies (INESAD), La Paz
Abstract: 
After several decades of state-capitalism characterized by import substitution policies, Bolivia implemented in 1985 a New Economic Policy (NEP) following neo-liberal ideas of free trade, privatization, and liberalization of capital flows. It was hoped that the opening up of the economy would attract foreign direct investment (FDI) which in turn would help modernize Bolivian industry, improve productivity, increase exports, stimulate growth, and reduce poverty. This paper investigates to what extent this actually happened
Subjects: 
Trade
Foreign Direct Investment
Poverty
Inequality
Bolivia
JEL: 
F16
Document Type: 
Working Paper

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