Economy and Development

Paid to Wait: Effects of the Venezuelan Economic Crisis

Friday, January 30, 2015 - 10:30

While much of the United States has been figuratively dancing in the streets about the incredibly low gas prices as of late, others have not been so fortunate to enjoy the plummet. Rather, their economies have been suffering because of it. One such nation is Venezuela, which has recently entered into a recession due to the global lack of demand for oil. Oil has been Venezuela’s primary export for years, which accounts for 96 percent of its foreign currency reception.1 The central Venezuelan bank also noted 63.6 percent inflation between November 2013 and November 2014.

"Voices of Change" in Cuba's Non-State Sector

Tuesday, October 11, 2016 - 08:00

Carmelo Mesa-Lago, Distinguished Service Professor Emeritus of Economics and Latin American Studies, former director of the University of Pittsburgh’s Center for Latin American Studies and author of over 90 books on economic and social policy in Latin America, approached his new book on Cuba’s non-state economic sector differently than he has done for past books.

Pages

Subscribe to Economy and Development