Publications in English

In recent years, public investment has become considerably more dynamic with the application of the Economic Social Communitarian Productive Model (MESCP) since 2006, which helped reactivate and boost the domestic demand, unlike what happened in previous periods. The scenario simulations based on a Dynamic Stochas-tic General Equilibrium (DSGE) model proposed by the study reveal the importance of capital expenditure in economic growth.

Taking advantage of the change of trend in 2006 in aggregate tax collection, as well as in the main taxes and their tax bases, this paper makes an evaluation of the effects of the new prevailing economic conditions as from implementation of the Economic Social Comunitarian Productive Model (MESCP, in Spanish) on tax collection in the period between 2006-First Quarter of 2017, compared to the results obtained from 1990 to 2005.

Gonzales et al. (2017) developed a quasi-experimental Bayesian spatial model to assess the social impact of microcredit at municipal level in Bolivia and found that microfinance had a positive impact on poverty reduction and empowerment of women in this country. Furthermore, the paper discusses the findings within the context of the guidelines of Bolivia’s Financial Services Law and Patriotic Agenda 2025.