MPIA-12241 Effects of the Global Financial and Economic Crisis on the Bolivian Economy: A CGE Approach

Abstract

This paper analyses the impact of the Global Financial Crisis on the Bolivian economy. The PEP 1-1 standard model has been employed to analyze the effects of i) a reduction in world export prices of mining, agriculture and food; ii) an increase in world price of imports; iii) a reduction in world demand of textiles; iv) a reduction in foreign savings; and v) a reduction in transfers to private (remittances) and government from abroad. The model has been calibrated for a 2006 Bolivia SAM and households have been disaggregated in urban and rural as well as by income quintiles. Factors of production have been also disaggregated by skilled and unskilled labor, capital and natural resources.


Members

Project leader: Carlos Gustavo Machicado

Project researchers: Martín Cicowiez


Journal publication

No journal publications.


Working Papers

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Policy Briefs

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Final report

Title Modified Size Comments Recommendations
Effects of the Global Financial and Economic Crisis on the Bolivian Economy: A CGE Approach 2011-06-23 961.16KB 0 0

Proposal

Title Modified Size Comments Recommendations
2010-05-24 794.46KB 1 0

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