HKS Affiliated Authors


Venezuela Before Chávez - Anatomy of an Economic Collapse. Ricardo Hausmann, 2013, Book. "At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries like Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela's economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout..." May require purchase or user account. Link verified August 21, 2014