Advanced Search
MyIDEAS: Login to save this paper or follow this series

Venezuela: A Nation In Need of Reform


Author Info

  • Louise Allsopp

    (School of Economics, University of Adelaide, Australia)

Registered author(s):


    The Venezuelan economy is currently undergoing tremendous economic and political upheaval. However, of the Latin American countries, it was one of the least damaged by the events in 2001 and also made a steady recovery from the Asian crisis of 1997. Using a combination of economic indicators, it is shown that VenezuelaÂ’s difficulties occurred not through contagion from other countriesÂ’ problems but through (a) its reliance on the oil sector and (b) poorly constructed and ill-sequenced policy. Given this, the paper then explores the countryÂ’s policy options and asks what can be done to make it an emerging market success.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by University of Adelaide, Centre for International Economic Studies in its series Centre for International Economic Studies Working Papers with number 2003-05.

    as in new window
    Length: 21 pages
    Date of creation: Mar 2003
    Date of revision:
    Handle: RePEc:adl:cieswp:2003-05

    Contact details of provider:
    Postal: Adelaide SA 5005
    Phone: (+ 61 8) 8303 5672
    Fax: (+ 61 8) 8223 1460
    Web page:
    More information through EDIRC

    Related research

    Keywords: Currency Crises; Emerging Market Economies; Natural Resources;


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:adl:cieswp:2003-05. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dmitriy Kvasov).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.