Will write a bit about Bolivia and the policies implemented by Dr Sachs as covered in his riveting book The End of Poverty. The End of Poverty is a very detailed book and includes policy initiatives and impediments in removing poverty in many different countries. Bolivia suffered from hyperinflation and the remedy prescribed by Jeffery Sachs helped in stabilizing inflation and promoting growth. The article will ignore the factual pricing of oil in pesos or exchange rate between USD and Peso but rather conceptualize the thoughtful and analytical policy response to stabilize the economy. This will also in a way include book review.
Categories: Way of Living