By Z.C. Dutka - Venezuelanalysis.com, Jul 9th 2014
Cuban economist and ex-guerilla combatant Orland Borrego, who fought alongside Che Guevara during the Cuban revolution, will be advising Venezuelan president Nicolas Maduro on how to establish a “total re-structuring” of the Venezuelan economy.
By Ryan Mallett-Outtrim - Venezuelanalysis.com, Jan 31st 2014
Venezuela's currency controls including its fixed exchange rate are among the most controversial of Chavez-era policies. Here is a brief, straight-forward run down of some of the pros and cons of the country's currency regime.
By Tamara Pearson - Venezuelanalysis.com, Nov 6th 2013
Treasure hunting for milk, confronting local hoarders, overpriced Pringles, toilet paper dilemas, and black market rates that are both economically and politically profitable for big business... here are some experiences of food and product scarcity on the ground in Venezuela.
By Chris Carlson - Venezuelanalysis.com, Nov 30th 2012
In the lead up to Venezuela’s presidential election earlier this year, the picture painted in most private media was that of a country falling apart. But a brief look at the statistics offers a very different story, one that helps explain why the majority of the Venezuelan people keep re-electing a government that, according to the private media, is driving the country into the ground.
By Ewan Robertson - Venezuelanalysis.com , Aug 3rd 2012
In this in-depth investigative analysis, Ewan Robertson evaluates the advances and setbacks of the worker control movement in Venezuela, and what Venezuela's experience in worker control means for the Bolivarian revolution and movements for radical social change worldwide.
By Tamara Pearson - Venezuelanalysis.com, Sep 30th 2011
In local opposition and international mass media inflation is the buzzword, and because of it, Venezuela is clearly a mess, life is hopeless, and the government has got to go. Yet is inflation really the big evil it’s made out to be? How much does it impact on the lives of Venezuelans? How much worse is it, really, under Chavez, and what is the government trying to do about it and the food situation?
By Tamara Pearson – Venezuelanalysis.com, Dec 30th 2010
When Newsweek ranked Venezuela last out of 100 countries for “economic dynamism” it had a certain kind of economy and benchmarks in mind. Venezuela is constantly attacked and demonised by U.S based “studies”, “experts”, and “reports”, but what if its economy and political life were to be measured according to the benchmarks of the Venezuelan majority?
By Juan Reardon – Venezuelanalysis.com, Oct 19th 2010
With the nationalization of AgroIsleña, the Venezuelan state has taken an important step in the struggle to bring social and economic factors under greater control of the Venezuelan people and out of the hands of private, profit-driven firms. What is yet to be understood is what ecological factors will be considered as the AgroPatria project moves forward.
By Betsy Bowman and Bob Stone - Dollars & Sense, Jul 29th 2006
Cooperatives are at the center of Venezuela’s new economic model. They have the potential to fulfill a number of the aims of the Bolivarian revolution, including combating unemployment, promoting durable economic development, competing peacefully with conventional capitalist firms, and advancing Chávez’s still-being-defined socialism.
By Mark Weisbrot, Luis Sandoval, David Rosnick - CEPR, May 26th 2006
Over the past year, the statement that poverty in Venezuela has increased under the government of President Hugo Chávez has appeared in scores of major newspapers, on major television and radio programs. These statements have only rarely been contested or corrected. A careful analysis of Venezuela's poverty rate, though, shows a decline during the Chavez presidency.
By Luciano Wexell Severo - Rebelion.org, Mar 20th 2006
Seven economic mechanisms of the Chavez government account for the fact that, since 2004 and in spite of the strong growth in oil prices, the non-oil GDP grew significantly faster than the oil GDP, demonstrating the positive impact of oil exports on activities not directly related to crude extraction.