Andean Group - November 2025

In the 19 October second round of Bolivia’s presidential election, the centre-right Rodrigo Paz received 54.96% of the vote to defeat his right-wing rival, former president Jorge Quiroga (2001-2002). The election brought an end to almost 20 years of dominance by the left-wing Movimiento al Socialismo (MAS). Paz has promised major changes to Bolivia’s statist economic model. However, as we discuss in the first article in this November 2025 edition of the Latin American Regional Report: Andean Group, he has begun his term in crisis-management mode, with the economy straining amid severe fuel shortages and low international reserves.

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