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Venezuela's economic merry-go-round in the 21st century: a study through the prism of the political management of the oil rent

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  • Barredo, Juan
  • Feliciano, Daniel

Abstract

The political management of oil revenues, combined with more conjunctural factors, constitutes the central reference from which to understand, with a long term perspective, the heterogeneous phases of the volatile macroeconomic evolution and its close relationship with the accelerated deterioration of the state-owned oil company Petróleos de Venezuela (PDVSA).

Suggested Citation

  • Barredo, Juan & Feliciano, Daniel, 2025. "Venezuela's economic merry-go-round in the 21st century: a study through the prism of the political management of the oil rent," Resources Policy, Elsevier, vol. 105(C).
  • Handle: RePEc:eee:jrpoli:v:105:y:2025:i:c:s0301420725001291
    DOI: 10.1016/j.resourpol.2025.105587
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    References listed on IDEAS

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