Will Bolivia Be Able to Remain as an Emblematic Example of Democratic Socialism?

The left-wing experience in Bolivia was emblematic for its achievements in economic growth and an unprecedented reduction of poverty and inequality, but it was interrupted by the coup of 2019. Nevertheless, in 2020 the second progressive wave emerged after a broad social movement to recover democracy. Then, this research aims to critically reflect on the progressive experience in Bolivia and its new challenges. Using political economy categories and the heterodox framework, this research argues that to remain the second progressive wave experience requires overcoming the internal political crisis and the balance of payments constraints.