The roadmap, part III: Creating an ecosystem for growth
(A series of posts on how Venezuela can begin to grow again. For some background, see here and here) The second regularity the authors find in The Growth...
Economy
To control shortages, ignorance is bliss (Updated)
The government is pulling out all the stops to contain the wave of shortages, from importing our way out of this mess to militarizing supermarket check-outs. But Nicolás...
The Lexical Innovations of the Revolution
Let us all thank Jorge Giordani that this phrase is now in a Bloomberg headline. From the piece itself… One dollar buys 41.2 bolivars on the black market,...
Only hegemons can get newsprint
Barquisimeto’s main newspaper (and the second oldest working paper in Venezuela) El Impulso only has enough inventory of paper to continue publishing until December. Since CADIVI has not give...
The economic war's new frontline: Supermarket checkout counters (Updated)
Remember that Superior Organ for the Economy Nicolas Maduro created not long ago? Well, its head, Hébert García Plaza found out during an inspection tour that the real...
On the waterfront
Reading this story about how close we are to a collapse in our ports, about how there are 434 thousand tons of food waiting to be unloaded, about...
Enjoy it while you can, airlines
When all is said and done and Misión Cadivi comes crashing down along with the rest of Chavenomics, a lot of people will be very upset. But one...
I come not to bury IMF Conditionality, but to praise it!
We may hate to admit it, but Nicolás Maduro’s Chinese junket has, as far as we can tell, been a success. He gets to leave with a headline...
Tenth Time's the Charm
Amid the flurry of tweetnouncements coming out of Nicolás Maduro’s trip to China was this lovely tidbit, announcing that it’s the Chinese who will get commercial gold production...
The only useful Bolivar Fuerte banknote left
Back when it was introduced, in 2008, we all sensed that the “bolivar fuerte” nickname they used in knocking 3-zeroes off of the old bolivar had rich potential...
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