Courtesy of El Nacional
Any new government will have to quickly boost oil investment to the extent possible in the short term while pursuing medium-term economic diversification. Their success and the continued stability of Venezuela will depend on establishing better investment conditions, creating political and contractual stability, and planning long-term strategies for economic reconstruction that capitalize on the country’s oil wealth — but do not live and die by it. By Lisa Viscidi and Nate Graham. Full text-> Huston Chronicle
More Stories
The Power of Capitalism: How Venezuela went from rich to poor.
Meritocracia vs Igualitarismo: la visión de Ayn Rand para Venezuela
¿What the evidence says about the effects of the sanctions?