This paper looks at some of the most important economic and social indicators during the 10 years of the Chávez administration in Venezuela, as well as the current economic expansion. It also looks at the current situation and challenges.

This paper looks at Venezuela’s export revenue, imports, and trade and current account balances under a range of oil price outcomes for the next two years. It finds that Venezuela would run large current account surpluses for prices between $60-90 per barrel, and would even run a small surplus...

Este artículo presenta algunas reflexiones sobre el proceso de reconversión monetaria en Venezuela a partir de la introducción del bolívar fuerte el 1 de enero de 2008. Su propósito es discutir sobre las perspectivas de la reforma venezolana y sus efectos en Colombia, en medio de un...

We assess the effects of oil price shocks on real exchange rate and output in four large energy-producing countries: Iran, Kazakhstan, Venezuela, and Russia. We estimate four-variable structural vector autoregressive models using standard long-run restrictions. Not surprisingly, we find that...

Latin American cooperativism is heterogeneous, like its roots and paths of development. During the XX century this situation has arisen starting from two basic co-operative types: financial co-operatives and agricultural ones. The article describes these processes, their endogenous and exogenous...

This paper studies Venezuelan economic performance from 1950 to 1998. We show that there exist wide divergences in many commonly used estimates of GDP growth and discuss the sources of those differences. We show that the choice of base year and linking techniques are crucial for the diagnosis of...

This paper challenges the conclusions of an econometric analysis by Daniel Ortega and Francisco Rodríguez on the effects on literacy of the Misión Robinson program in Venezuela. Their analysis concludes "most of our estimates of program impact represent qualitatively small and rarely...

El precio de la cesta petrolera de la Organización de Países Exportadores de Petróleo ha alcanzado la cifra record en términos nominales de USD72.83 (el anterior record databa de agosto de 2006), y lo más preocupante para los países importadores netos de petróleo es que tanto la OPEP como...