The clock atop the Legislative Assembly building has been restored to the conventional design under orders from newly inaugurated President Rodrigo Paz.
Photographer: Marcelo Perez Del Carpio/BloombergA Clock Running Clockwise Marks End of Leftist Regime in Bolivia
The promise of change is spurring cautious optimism among Bolivians during the first days of President Rodrigo Paz’s administration.
After two decades of almost uninterrupted socialist governments that struggled to set the economy on a sustainable path, Bolivians are waking up to a new reality.
Long lines at gasoline stations are disappearing. The currency has surged in unofficial markets, and bond investors are taking a more optimistic view of the country’s creditworthiness. The new government is promising to strengthen ties with the US and its allies in the region, while cutting red tape, simplifying taxes and reducing trade barriers to attract businesses.