Analysis-Bolivia's creaking big state model rings warning bell in South America
Bolivia's "economic miracle," a boom in the 2000s and 2010s that saw years of state spending lift millions of people into the middle class, is creaking, a warning sign to the wider region battling high inflation, shrinking government coffers and tepid growth. For years the Andean country enjoyed one of South America's fastest economic growth rates as a boom in demand for natural resources - mainly gas - helped the former leftist government of President Evo Morales fund social programs and cut poverty. But over the last decade gas production has tumbled by around a third, ...