Evaluation of the selected Bolivia's fiscal policy in the context of historical events

Eng. Omar Darío Alvarez Mejía

Master's thesis

Abstract:

This thesis, delves into the intricate relationship between Bolivia's fiscal policy and its economic development amidst historical events. Structured into several sections, the thesis embarks with an introduction laying the foundation for understanding the pivotal role of fiscal policy in shaping Bolivia's economic trajectory. Following this, the objectives and methodologies are elucidated, delineating the research goals, hypotheses, and the quantitative methodology employed. A meticulous review of pertinent literature explores fiscal and monetary policy. The practical segment involves the development of the economic and econometric model to analyse crucial economic indicators such as gross domestic product, government revenue, expenditure, and consumption. The results of the analysis indicate significant findings: government revenue and final consumption expenditure positively influence the GDP, while government expenditure negatively affects it. Elasticity coefficients highlight the impact of each independent variable on GDP, with final consumption expenditure exhibiting a notable positive effect.

Keywords

Bolivia, fiscal, monetary policy, macroeconomic indicators, gross domestic product, government revenue, government expenditure, consumption, economic growth

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 3. 4. 2024

Obhajoba závěrečné práce

• Vedúci: Ing. David Křížek, Ph.D.
• Oponent: Jiří Novosák, Bc., externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
Economics and Management