Booms and Collapses of the Hydrocarbons Industry in Bolivia

This books provides an overview of the cycles followed by Bolivia's hydrocarbons industry overtime and the factors that have contributed to determine that cyclical behavior. Institutional factors, tax incentives, geography and access to markets appear among the key variables in determining cycles. The analysis covers the period 1925-2005 in which the hydrocarbons industry in Bolivia has gone across a period of significant booms and collapses.