Erstmalig seit der Unabhängigkeit der lateinamerikanischen Staaten herrscht in der Region � mit Ausnahme Kubas � ein einziges politische Regime ohne ernsthafte Alternative: die Demokratie. Entgegen der Vorhersagen der Pessimisten und Skeptiker der Demokratie zu Beginn der 1990er Jahre hat...

During the last decade, the Venezuelan government has pursued a reform of the legal regime of hydrocarbons tailored to its interests as an oil producing country. However, the ongoing consequences of the global economic recession which negatively impacted the Venezuelan economy, call into...

Econometric Modeling has a wide range if applications, including economy-wide representations. This study takes on the task of finding a suitable structure to model the Venezuelan economy. It is revealed that econometric structural and computable general equilibrium models are inapplicable,...

Nationalization is a particular type of organizational structure where the state or nation controlsthe industry as opposed to private companies or multinational organizations. If one imagines acontinuum of organizational structure, nationalization and privatization would be at oppositeends....

Over the years, the East-West Center (EWC) has developed considerable expertise in refinery modeling, especially in the area of forecasting product balances for countries, given planned capacity changes, changes in product demand, changes in crude slates, and changes in product specifications....

Since the mid-1990s, the two regional trade agreements in South America, the southern Mercosur Pact (among Brazil, Argentina, Paraguay and Uruguay), and the northern Andean Pact (among Venezuela, Colombia, Ecuador, Bolivia, and Peru) noticeably affected certain trade patterns between the two...

Der Erdölhandel wird von der Erschöpfbarkeit, den komplexen Anpassungsprozessen in der Wertschöpfungskette und der Heterogenität von Erdöl bestimmt. Während die ersten beiden Eigenschaften die mittel- und langfristige Entwicklung der Erdölindustrie bestimmen, ist die Heterogenität von...

Nepaisant to, kad tarptautinės rinkos daugeliui verslininkų yra patrauklios, įmonėms jose veikiant iškyla daug problemų. Kultūriniai skirtumai – į pagrindinių problemų tarptautiniame versle trejetuką įskaitoma problema. Tai – skirtingas religijos vaidmuo, ne vienoda politinė...