Opening the Economy May Now Be Maduro’s Biggest Mistake
The chavista government left behind economic orthodoxy to survive beyond 2019. The expectations created in the elite and the excluded population pushed it to a sort of trap
Tag: economy
After Venezuela's Credit Crunch, Cashea, a BNPL App, Is Booming
This service is enabling five million Venezuelans to buy now and pay later, fueling consumption across the country
Post-Electoral Unrest Also Shook Venezuela’s Showbiz
The closing of air routes, the fear of political retaliations and a deep fall of consumer spending in August put a halt, maybe temporary, to the country’s comeback to international live music
Mind the Gap
The difference between the official and parallel exchange rates for dollars and bolivars are increasing again. Why is this happening? How will it impact Venezuela?
Even if the Opposition Wins, the Economic Recovery Will Be Rocky
The Venezuelan economy –growing at single digit rates after a decade-long massive contraction– continues to suffer structural constraints that not even regime change can lift in the short term
The Discreet Impact of Venezuelan Remittances
In Venezuela, Ecoanalítica estimates remittances at around USD 3 billion, or nearly 3% of GDP. But they impact way more than household income.
India: An Unconventional Goodfella in Venezuela
The competition between the U.S. and China and the Venezuelan need to access the Asian market made of India an economic actor of increasing relevance
Move Fast and Drop Things: The Rise of Venezuela’s Delivery Sector
A plethora of startups currently involving from 180,000 to 300,000 workers surged as the result of deregulation and created a new role for motorizados in the social imaginary
Maduro Is Doing a Cash-Strapped Campaign to Control Inflation
Economists Asdrúbal Oliveros and Jesús Palacios Chacín, from consulting and research firm Ecoanalítica, explain what we should expect from Venezuela’s economy following the new sanctions regime and the elections
How the Cocoa Boom May Impact Venezuela
The supply-demand gap took the global price of this fruit to levels not seen in 60 years. Does this mean prosperity for Venezuelan producers?
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