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those of you who think Bolivia did well in macro terms because it followed macro orthodoxy of Washington Consensus, well, you are wrong.
as @TomasLukin cites @eclac_un analysis of the redistributive macro that led to halving of extreme poverty in 10 years: social investment, transfers, wage policies and higher earnings in rural areas. All possible because Evo nationalised gas and oil.
Bolivia also had something we can only dream of in Euroarea and high income countries, despite please from Mario Draghi: coordination between fiscal and monetary policy to keep inflation low while redistributing resource revenue to the poor.
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