INSUBCONTINENT EXCLUSIVE:
economic and political turmoil
a dismal 2% approval to their national economy
This stark contrast with countries like Uruguay and Mexico, where 33% and 30% respectively view their economies positively, paints a grim
picture.The economic strain in Bolivia is palpable; inflation hit nearly 10% last year, marking the highest rate in 16 years
This financial distress is largely due to a dollar shortage that started in 2023, creating a burgeoning black market for
Only 5% believe in national progress, and 25% anticipate further decline, signaling deep economic despair.On the political front, democracy
Support for this system of governance dropped from 51% in 2023 to 47% in 2024
(Photo Internet reproduction)Public satisfaction with how democracy operates is at its lowest since 1996, with only 10% of Bolivians feeling
This figure was once as high as 50% in 2009, highlighting a significant shift in public sentiment.Trust in President Luis Arce has also
His approval ratings have plummeted from 46% to just 10%, with his government receiving a mere 12% trust.Bolivia: At the Bottom of Latin
believing in its integrity, placing Bolivia last in judicial trust among Latin American countries.This reflects ongoing issues with judicial
appointments and the extension of judicial terms, which have influenced political landscapes and legislative powers
Additionally, trust in the military and police is critically low at 23% and 16% respectively, indicating a broader institutional
comprehensive view of public opinion
democratic quagmire serves as a cautionary tale against government overreach and mismanagement
It underscores the need for individual liberty, economic freedom, and a government that does not monopolize the judicial and economic
governance and economic philosophy.
