Category: Global Economy

Information about international economic affairs that can impact the Bolivian economy.

Bolivia fell 20 places in global corruption perception

Bolivia fell 20 places in the Global Corruption Perception Index (CPI) 2018, from 112 to 132. The index – developed by Transparency International (TI), reveals that Bolivia obtained a score of 29, where 0 is the highest level of corruption and 100 is the highest score.

On 2012, 2013 and 2015, Bolivia maintained a score of 34 in the perception of corruption; while in 2014 achieved its highest historical score reaching 35. However, the situation deteriorated by 2016 and 2017 with 33 in both years until reaching 2018 with only 29 points in the perception of corruption.

Bolsonaro and Macri agree to revive Mercosur

The leaders of Brazil and Argentina resolved yesterday in Brasilia to promote a free trade agreement with the European Union (EU). Bolsonaro, who came to power on January 1, underlined his desire to “strengthen” ties with Argentina, one of Brazil’s main economic partners, and expressed his conviction that relations between the two countries will continue on the right track.

Bolivia has a minimum wage of $US 300 according to a report

Bolivia is among the ten countries with the highest minimum wage in Latin America. The country is in 8th place with a minimum wage of $US 300 according to a report from technology and social media expert  Fernando Bruccolery published in the portal medium.com. Uruguay is in the first place of the list with a minimum wage of $US463 followed by Chile with a minimum salary of $US434.