The Venezuelan Economy in the Chávez Years
07/08/2007
- Opinión
Center for Economic and Policy Research
Venezuela has experienced very rapid growth since the bottom of the recession in 2003, and grew by 10.3 percent last year. The most commonly held view of the current economic expansion is that it is an "oil boom" driven by high oil prices, as in the past, and is headed for a "bust." The comino collapse is seen either as a result of oil prices eventually declining, or as a result of the government\'s mismanagement of economic policy.
Document available in PDF format here
Venezuela has experienced very rapid growth since the bottom of the recession in 2003, and grew by 10.3 percent last year. The most commonly held view of the current economic expansion is that it is an "oil boom" driven by high oil prices, as in the past, and is headed for a "bust." The comino collapse is seen either as a result of oil prices eventually declining, or as a result of the government\'s mismanagement of economic policy.
Document available in PDF format here
https://www.alainet.org/en/active/18992?language=en
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