Bolivia: Political Crisis Threatens Democracy and Economy

The recent political unrest in Bolivia has sparked concerns over the country’s democracy and economy, with doubts persisting over whether the recent events were a genuine coup attempt or a staged intervention by the government. The power struggle between President Arce and his predecessor Morales has left the government paralyzed, hindering efforts to address the economic challenges facing the country. The decline in natural gas exports, depletion of foreign exchange reserves, and soaring inflation have all contributed to Bolivia’s economic turmoil. With the next presidential election approaching in 2025, the political rivalry between Morales and Arce continues to undermine stability and progress in Bolivia. The future of Bolivia’s democracy and economy remains uncertain, as the country grapples with ongoing political and economic challenges.