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The Economic Consequences of Cocaine Production in Bolivia: Historical, Local, and Macroeconomic Perspectives
Journal article

The Economic Consequences of Cocaine Production in Bolivia: Historical, Local, and Macroeconomic Perspectives

M.D. Franco and R. Godoy
Journal of Latin American Studies, Vol.24(2), pp.375-406
1992

Abstract

cocaine production Dutch disease illegal drug industry macroeconomic impact Narcotics Bolivia
Cocoa, coca, cotton, and sugar are of great interest. The development of any one of the four crops would bring about great relief to people’s present miseries and would not hurt nearby provinces… The development of one province need not occur at the expense of another. (Francisco de Viedma, 1787)2.

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