The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...

The aim of this paper is to examine the birth of FEDECÁMARAS (1944) as an expression of an institutional change in Venezuela. FEDECÁMARAS creation was the result of a historical conflict between the state and the private sector between 1936 and 1944. This conflict was generated by two ways of...

This study examines the short and long run relationship between Domestic Credit to Private Sector (DCPS) and its selected determinants namely, Domestic Credit to Public Sector, Gross Domestic Savings, Gross Domestic Product, Industrial Value Addition, Money Supply (M2), and the Total Volume of...