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Venezuela

There are no Conditions for an Election in Venezuela

Last week, Venezuela experienced its latest sham election. This time is an “election” to renew the country’s national assembly, which is the only institution controlled by the opposition, and the only institution recognized by the international community. 

Ni lo uno ni lo otro sino todo lo contrario.

Los venezolanos se encuentran en una situación de desespero, frustración, indefensión (inducida a veces) y de resiliencia en el sentido negativo de la palabra que se traduce en un desencanto total, falta de confianza y rechazo a sus "representantes" (tanto usurpadores como pretendidos) Por un lado, se desinfla la dinámica del Interinato que inició con un gran apoyo y expectat

Venezuela will Deepen its Implicit Dollarization in 2021

In the middle of the biggest economic collapse of any nation in modern times, Venezuela is experiencing a fundamental, and perhaps irreversible, change within its economic system. Since 2019, Venezuela has been driving full throttle towards an economic phenomenon, which I refer to as implicit dollarization.

Russian-Style Privatizations in Venezuela?

On Tuesday, Maduro proposed new legislation that encompasses the privatization of the oil industry, the possibility of returning expropriated companies to their original owners, and the free trade of strategy goods, such as fuel.

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.

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