The economic dynamics of Venezuela’s street vendors remains elusive. But more than a 100 interviews with buhoneros reveal cartels, unofficial business guilds, fierce seasonal competition and –sometimes violent– control of whole streets.
Labor benefits don’t necessarily benefit Venzuelan workers. When employers do the math, they realize they have to offer lower salaries so that the whole package becomes affordable.
All governments have incentives to avoid depreciating the bolivar. But this habit harms our export capabilities and keeps Venezuela uncompetitive and vulnerable
According to a new study by Transparency’s local chapter and Ecoanalítica, illicit economies made up 15,67% of Venezuela’s GDP in 2022. Its profits equal half of those of all exports, ushering a criminal bonanza that includes slavery
The Maduro government is seeking foreign investment through new Special Economic Zones. Venezuela's structural problems and tax inferno could screw up the plan
The macroeconomic indicators of the boom that Asdrúbal Oliveros reports in this state might not be trickling down and could be confined to certain areas
Ecoanalítica projects three possible scenarios following the sanctions relief license: one in which the license is renewed, one in which the license isn’t and Venezuela returns to the 2023 status quo, and one in which sanctions are deepened
The U.S. issued a license authorizing operations with the state-owned mining company, but experts believe it could just deepen the Arco Minero policies
The agroindustrial complex developed in this Western end of the llanos shows resilience and competitive advantages in the challenging context of the 2020s
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