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?
Economy
Is Venezuela Headed to Debt Restructuring?
Venezuela hires Rothschild to review assets and liabilities at the center of important disputes and part of the ongoing political negotiations
What Does The Evidence Actually Say About Sanctions on Venezuela?
While its economic effect is subjected to intense debate, its political impact is more clear. Here’s an overview of the conflicting stances around how these measures affect our economy and our people
The Secret Life of Caracas Street Vendors
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.
Venezuelan Payroll “Benefits” Harm Employees And Push Companies to Break the Law
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.
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
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
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