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
Following the arrest of union leader Víctor Venegas in Barinas and the resurrection of the Anti-NGO Law bill, Maduro announces a “civil-military-police plan” to “confront conspirators.”
The government arrested Víctor Venegas in Barinas, a local union leader and Vente member, following state protests by teachers demanding better wages and working conditions. The arrest, which ushered another wave of protests in Barinas, happens a few days after the 2020 National Assembly resurrected the process to approve the Anti-NGO Law to supervise and control -and even close- NGOs operating in Venezuela.
Following Venegas’ arrest, Maduro announced Furia Bolivariana: a “civic-military-police plan” in “every corner of Venezuela” to “confront any action that threatens the peace of the Republic” and “conspiracies.” These moves, including the temporary arrest of Súmate director Roberto Abdul, seem to be part of an escalade against organized civil society following the success of the opposition primaries.
All governments have incentives to avoid depreciating the bolivar. But this habit harms our export capabilities and keeps Venezuela uncompetitive and vulnerable
Mass migration led some of us to appropriate a surname with negative connotations created in Colombia decades ago, just like our ancestors seemed to assume the moniker that named our country.
The fourth edition of a report on the humanitarian complex emergency, published by HumVenezuela platform, shows a fall in purchasing power and a new push for migration in 2022 and 2023
Around 65% of schoolchildren in the country fell behind in basic skills such as reading and writing and around 1.5 million are out of school. But several initiatives are working hard to revert this education catastrophe
The Bolivarian revolution, in all effect, is a revolution. The almost unnoticed passing of Gustavo Cisneros and the erasure of cultural products of the Chataing Era show the extent of Chavismo’s impact in our collective memory.