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
Tag: economy
How International Tourism Is Trickling Back to Venezuela
After a prolonged drought of international tourism in Venezuela, there are signs that the industry is slowly recovering.
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
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
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
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
Bellum Bodegonicum: The Bubble Pops
Tony paints the whole picture of the strain the very fragile "Venezuela se arregló" system is going through right now. We could even say the bubble has finally popped
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