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Review about the legal framework of the foreign investments in Venezuela

Author

Listed:
  • Wolfang José Meneses Vivas

    (Abogado de la Universidad de Los Andes. Tesista de la Especialización en Derecho Administrativo de la UCAT. Cursante de la Maestría en Economía del Instituto de Investigaciones Económicas y Sociales, Facultad de Ciencias y Económicas, Universidad de Los Andes. Mérida, Venezuela. Teléfono: +584242635941)

Abstract

Human relations in the modern world are framed by institutions that regulate the actions of agents by previously defined and recognized rules of engagement. In this context, international trade is regulated by laws that facilitate the exchange of goods and services and is there where the state intervenes to ensure the protection of its national interests and to encourage foreign investment with the certainty that their capital will be taken care of as if it was its own. This article pretends, under a descriptive approach, to understand the influence of the domestic legal framework on the levels of foreign investment entering the country.

Suggested Citation

  • Wolfang José Meneses Vivas, 2016. "Review about the legal framework of the foreign investments in Venezuela," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 41(42), pages 159-188, july-dece.
    • Handle: RePEc:ula:econom:v:41:y:2016:i:42:p:159-188
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    More about this item

    Keywords

    State intervention; legal framework; rules of engagement; foreign investment.;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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