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El ahorro privado en Venezuela: Tendencias y determinantes

  • Luis Zambrano Sequín
  • Matías Riutort
  • Rafael Muñoz
  • Juan Carlos Guevara
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    La característica notable del comportamiento de la tasa de ahorro privado en Venezuela es su tendencia secular a reducirse desde los elevados niveles experimentados durante los años setenta a los muy reducidos de los noventa. Adicionalmente a esta tendencia al deterioro, habría que añadir su alta volatilidad. Las razones que explican este resultado no sólo están referidas a los sucesivos shocks, externos e internos, que han afectado a Venezuela, sino también a la forma peculiar como se ha gestionado la política económica para enfrentar estos shocks. Así, a la alta variabilidad del ingreso generada por los impactos sorpresivos de los acontecimientos externos, se deben añadir, especialmente después del inicio de la crisis de la deuda externa en 1983, los shocks de política económica, y más específicamente el uso del tipo de cambio, como mecanismo fundamental para ajustar las finanzas públicas.

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    Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 3021.

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    Date of creation: Jan 1998
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    Handle: RePEc:idb:wpaper:3021
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