<script type="text/javascript">
<!--
document.write('<div id="oa_widget"></div>');
document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=undefined&type=result"></script>');
-->
</script>
The paper discusses theories of economic growth, circularities in theories of economic growth and development, polarization and multidimensionality in global development, the virtuous and vicious circle. These will allow us to compare with the economic model that was established in Bolivia since 2006 and that is currently in force. In this sense, the objective is to evaluate the effect of the paradigm of economic growth of the Bolivian economy measured by the Gross Domestic Product (GDP) and the variables that sustain this virtuous and vicious circle such as public investment, external debt and debt with public enterprises and savings through net international reserves. from the construction of historical data from the period 2006 to 2023 to apply regression estimates. The results of the model had significant effects on economic diversification, low investments, but with a high positive coefficient with respect to GDP, while external debt and the debt of public enterprises show a negative and significant correlation as well as external debt with respect to GDP, savings show a clear significance with respect to GDP despite the decrease in reserves in recent years. In this way, the ineffectiveness of the Bolivian economic, social, community and productive model was demonstrated with a vicious circularity; mainly, because of the study variables. Thus, this research will demonstrate the effects of this model over time.
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 0 | |
popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |