IMF Staff Country Reports

Bolivia: Selected Issues and Statistical Annex

Publication Date:

November 11, 1997

Summary:

This Selected Issues paper and Statistical Annex identifies the sources of bank problems in Bolivia. It describes the measures to strengthen the system since 1985, and assesses the early results of bank restructuring in 1994–96. The paper highlights that prior to 1985, financial intermediation was subject to extensive controls on both interest rates and the allocation of credit, and hyperinflation distorted bank credit decisions even further. The paper also describes the basic features of the old pension system of Bolivia, and reviews the main innovations of the new system.

Series:

Country Report No. 1997/099

Subject:

Bank credit Banking Commercial banks Expenditure Financial institutions Labor Loans Pension reform Pension spending Wages