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Society

A Note on Development

The main constraint for growth in Venezuela is not related to market failures nor any purely economic issue, but to the political institutions of the country. As a result, Venezuela exemplifies that the economic issues of most nations are a result of their bad governance.

Belarus: From Venezuela with Love

In Belarus people have been taking the streets for weeks against a dictator who is trying to suppress the protests with all the harshness of the state apparatus. Despite all the reprisals against the own population, they behave peacefully during all protests.

Venezuela’s Business Environment: Inefficiencies, Distortions, and Risks

Venezuela is constantly over the news given its unprecedented economic collapse. Yet, numerous people still think that the country’s economic hardships were caused by external factors, such as declining oil prices or financial sanctions from the international community. When in reality, the Venezuelan collapse is the direct consequence of the country’s inefficient, distorted, and hostile business environment.

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