The Monetary and Fiscal History of Bolivia, 1960–2017

This paper was written as part of the Monetary and Fiscal History of Latin America project sponsored by the Becker Friedman Institute at the University of Chicago and the Heller-Hurwicz Economics Institute at the University of Minnesota. We thank participants at the following conferences for helpful suggestions: “The Monetary and Fiscal History of Latin-America, 1960–2010” at the Federal Reserve Bank of Minneapolis, especially Kjetil Storesletten; “La Historia Monetaria y Fiscal de Bolivia: 1960–2014” at the Universidad Católica Boliviana “San Pablo”; “The Monetary and Fiscal History of Latin-America: A Comparative Case Study Using a Common Approach” at the University of Chicago, especially Fernando Alvarez; and “The Monetary and Fiscal History of Latin-America Conference at the University of Chicago, especially Manuel Amador and Simon Cueva. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.