Bad Habits: The Case of the Bolivar’s Overvaluation
All governments have incentives to avoid depreciating the bolivar. But this habit harms our export capabilities and keeps Venezuela uncompetitive and vulnerable
Economy
State-Enabled Illicit Trades Represent More Than a Quarter of Venezuela’s Economy
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
Venezuela Into The Unknown: Caracas Chronicles’ 2023 Editor’s Pick
Your best shot at understanding Venezuela in 2023. And what comes next.
Special Economic Zones in Venezuela: from Euphoria to Delusion
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 Underbelly of Portuguesa's Economic Boom
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
Sanctions Were Lifted. How Much Will the Venezuelan Economy Grow Now?
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
Lifting the Sanction on Minerven Won’t Stop Gold Trafficking
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
While Venezuela’s Economy Crashes, Portuguesa’s Booms
The agroindustrial complex developed in this Western end of the llanos shows resilience and competitive advantages in the challenging context of the 2020s
Another Byproduct of the Orinoco Mining Arc: Child Illiteracy
In the state of Bolívar, illiteracy is skyrocketing as parents leave to work in the mines
China Will Not Rescue Venezuela
Venezuela has been disappointing China for over 15 years, and it has taken a toll. But China could be interested in Venezuela's new Special Economic Zones to set a hub in the Caribbean for its companies.
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