Victor Paz Estenssoro Biography and Timeline

Party Leader

The Revolutionary Nationalist Movement is founded in by Victor Paz Estenssoro and Hernan Siles Zuazo

Party Leader

Appointed Party Leader of the MNR

Revolutionary Nationalist Movement

Estenssoro founds the MNR

Presidential Election

Paz Estenssoro wins the presidential election but is prevented from taking office.

Role range: 1951-1951 – 1951-1951

Coup

Forced to handover power to a 10 man military Junta

President of Bolivia

Paz Estenssoro begins his first presidency after the National Revolution.

Role range: 1952-1956 – 1952-1956

Bolivian Workers Central

The revolutionary government recognises the newly created Bolivian Workers Central.

Role range: 1952-1956 – 1952-1956

Universal Suffrage

Paz Estenssoro's government establishes universal adult suffrage.

Role range: 1952-1956

Creation of COMIBOL

Paz Estenssoro creates COMIBOL to administer state mining operations.

Role range: 1952-1956 – 1952-1956

Tin Mine Nationalization

The MNR government nationalises the major tin mines and creates COMIBOL

Role range: 1952-1956

Nationalization of Mines

Paz Estenssoro nationalises the major tin-mining groups and transfers them to state control.

Role range: 1952-1956 – 1952-1956

Revolutionary Presidency

Paz Estenssoro leads the first MNR government created by the 1952 Revolution.

Role range: 1952-1956 – 1952-1956

Return from Exile

Paz Estenssoro returns from exile after the MNR's revolutionary victory.

Role range: 1952-1952

Agrarian Reform

Paz Estenssoro decrees agrarian reform to redistribute hacienda lands.

Role range: 1952-1956

President of Bolivia

Paz Estenssoro begins his second presidential term.

Role range: 1960-1964 – 1960-1964

MNR Government

Paz Estenssoro leads a second MNR administration focused on economic stabilisation.

Role range: 1960-1964 – 1960-1964

Constitution of Bolivia

Paz Estenssoro promulgates a constitution reflecting reforms of the National Revolution.

Role range: 1960-1964 – 1960-1964

Election

Paz Estenssoro wins re-election with Barrientos as his vice-presidential running mate.

Role range: 1960-1964

Coup

Paz Estenssoro is overthrown by military commanders Barrientos and Ovando.

Role range: 1960-1964

Constitutional Amendment

Paz Estenssoro obtains a constitutional amendment permitting immediate presidential re-election.

Role range: 1960-1964

Third Presidential Term

Paz Estenssoro begins a third term before the armed forces overthrow him in November.

Role range: 1960-1964

New Economic Policy

Paz Estenssoro issues Supreme Decree 21060 to attack hyperinflation and restructure the economy

Role range: 1985-1989

Supreme Decree 21060

Paz Estenssoro promulgates Supreme Decree 21060 to halt hyperinflation and liberalise the economy.

Role range: 1985-1989 – 1985-1989

President of Bolivia

Paz Estenssoro begins his fourth presidential term and confronts hyperinflation.

Role range: 1985-1989 – 1985-1989

Mining Restructuring

The government restructures COMIBOL and dismisses thousands of state mining employees.

Role range: 1985-1989 – 1985-1989