CarwilBJ’s Twitter Archive—№ 23,247

#EleccionesBo2020 MAS-IPSP presidential candidate Luis Arce Catacora interviewed in English on the Bolivian economy in 2017: youtube.com/watch?v=8ZeTLMRl9Gg #LuisArceCatacora
On twitter.com ♻️ 1 Retweets ❤️ 1 Favorite 2020 Jan 20 Mood 0

…in reply to @CarwilBJ
In the interview, Luis Arce lays out the economic model he will defend in the 2020 election: high public investment, redistribution, substantial state-owned industries, and fiscal moderation.
Permalink On twitter.com 2020 Jan 20 Mood +1 🙂

…in reply to @CarwilBJ
The geopoltical subtext of the interview with Chinese state media is that China was becoming a major creditor, backing the Morales government's large-scale infrastructure vision to become the "energetic heart of South America." youtube.com/watch?v=TLtGggQw_XY
Permalink On twitter.com 2020 Jan 20 Mood +5 🙂

…in reply to @CarwilBJ
Arce touts major loans from China around 7:15 in the video. China has become the largest bilateral creditor to Bolivia as public debt has soared. eldeber.com.bo/31533_deuda-con-china-se-triplica-en-7-anos-con-bajo-indice-de-inversion
Permalink On twitter.com 2020 Jan 20 Mood -4 🙁

…in reply to @CarwilBJ
Arce also makes a pitch for foreign direct investment in the country: "there's a lot of opportunities there."
Permalink On twitter.com 2020 Jan 20 Mood +2 🙂

…in reply to @CarwilBJ
What goes unsaid is that declining gas prices have undercut the revenue model of 2006-2014, forcing the government to incentivize investment, often in ways that mimic the neoliberal era. woborders.blog/2016/07/13/bolivias-new-business-model-custom-laws-for-foreign-investors/
Permalink On twitter.com ♻️ 1 Retweets 2020 Jan 20 Mood 0

…in reply to @CarwilBJ
The new debt is funding some truly massive investments in electricity generation, which the government hopes can replace gas as a source of export revenue. la-razon.com/economia/Bolivia-invertira-millones-construccion-hidroelectricas_0_2562943778.html
Permalink On twitter.com 2020 Jan 20 Mood 0

…in reply to @CarwilBJ
But the energy export vision depends on uncertain relationships with Bolivia's richer neighbors. If Peru, Argentina, Brazil build their own generating plants, Bolivia will have a lot of stranded infrastructure.
Permalink On twitter.com 2020 Jan 20 Mood 0

…in reply to @CarwilBJ
On the other hand, if progressive governments in the region want to stablize the Bolivian economy, long-term energy contracts are a simple way to do that, perhaps embedding international solidarity within commercial contracts.
Permalink On twitter.com 2020 Jan 20 Mood +3 🙂