The economic and humanitarian crisis in Venezuela took a turn for the worse in the second half of 2017. Unofficial GDP and inflation measures — the country has long ceased to provide economic indicators — show a sharp deterioration. Declines in oil production and exports are accelerating....

Venezuela is at a breaking point. The political, economic, financial, social and humanitarian crisis that has gripped the country is intensifying. This unsustainable situation raises several urgent questions: Which path will the embattled OPEC country take out of the current turmoil? What type...

This chapter presents new estimates for GDP and GDP per capita for the period 1881-2011 for the 23 states and Distrito Capital, which together with the Dependencias Federales, today make up the Republic of Venezuela. Given that the Banco Central de Venezuela (BCV) does not compile figures either...