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The Economist — World — Left-wing populism — Economy — Politics — Investment

Bolivia’s crisis shows the limits of left-wing populism

Bolivia's crisis highlights the dangers of left-wing populism, as the country runs out of money due to a reckless economic model based on commodity booms, currency pegs and hostility towards private capital. The crisis serves as a warning to other Latin American countries.

1 min read
  • Bolivia is running out of money and facing a crisis.
  • The economic model of left-wing populism is to blame.
  • The reliance on commodity booms and currency pegs has been costly.
  • Hostility towards private capital has led to a lack of investment.
  • Bolivia's crisis serves as a warning to other Latin American countries.
Bolivia’s crisis shows the limits of left-wing populism
The country is running out of money. It should serve as a warning to Latin America | Leaders
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