Nicknamed "El Emperador", Baldivieso began his career in his native Cochabamba playing for Wilstermann in 1987. His exquisite technique didn't go unnoticed and he signed with Bolivia's biggest football club, Bolívar in 1992. Thanks in part to the successful run with the national team, which qualified to the 1994 World Cup, he awoke the interest of several clubs outside Bolivia. After the World Cup, he transferred to Argentine team Newell's Old Boys from Rosario, where he played until the winter of 97. Subsequently, he joined J1 League club Yokohama Marinos for a couple of years. As his career progressed, Baldivieso also exposed his talent in diverse leagues around the world; such is the case of Barcelona Sporting Club and Deportivo Quevedo in Ecuador, Cobreloa in Chile, Al-Nasr in Saudi Arabia, Al-Wakra in Qatar and Caracas in Venezuela. Towards the end of his career he returned to Bolivia and played for The Strongest, and later made his final run with Aurora on and off the field as he also managed the team. Throughout his career, Baldivieso also played in 46 Copa Libertadores games altogether for three different teams and scored 11 goals.
During his last season as a player Baldivieso transitioned into coaching as he took over the manager position at the club. In November 2008 he won the Clausura tournament with Aurora in a very disputed 3-game final series against Blooming. On 19 July 2009, still being Aurora's manager, he made debut his own 12-year-old son, called Mauricio Baldivieso. At the end of the match he strongly criticized the referee and one opponent who made his son cry after a hard tackle. He quit Aurora 5 days later, after the club's board told him to pick between his job and his son. He also withdrew his son from the team. On 20 May 2011 Baldivieso returned to Aurora for his second spell. Later in his career he also managed Real Potosí, Nacional Potosí, San José, Wilstermann and Universitario de Sucre. On 28 August 2015 Baldivieso was officially presented as the manager for the Bolivia national team. In late 2017, he became the first Bolivian to coach a foreign national football team, when he was appointed as coach of Palestine. He was released in April 2018 due to a series of controversies related between him and Saudi officials. On 31 January 2019, Baldivieso was appointed as the manager of Club Always Ready. On 23 September 2019, Baldi returned to Aurora as a sporting advisor because he couldn't appear as a coach in the official matches, after he already led Club Always Ready in the current 2019 Bolivian Primera División season and, according to the rules, a head coach cannot lead to two clubs in the same contest. He announced in December 2019, that he would leave the club because it wasn't the same for him to lead from the stands. However, later on the same month, it was confirmed that Francisco Argüello, who had been Baldi's assistant coach during the last 4-5 years, had taken charge of Aurora and that Baldi would continue at the club as his assistant, now where he couldn't lead the team officially.
Statistics career
National team
International goals
Managerial statistics
Personal
His son Mauricio Baldivieso is the youngest player to have played in a professional football match.
