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Venezuela and the International Crisis

In: Latin America after the Financial Crisis

Author

Listed:
  • Diego Mansilla

Abstract

This chapter attempts to explore the effects of the international crisis of 2008–2009 on the Venezuelan economy. Venezuela is the fourth biggest Latin-American economy, with 7% of the region’s GDP. It follows the region’s giants (Brazil, Mexico and Argentina) and accounts for 8% of regional exports due to sales of petroleum and its derivates, which are practically its only exports and the core of its economy.

Suggested Citation

  • Diego Mansilla, 2016. "Venezuela and the International Crisis," Palgrave Studies in Latin American Heterodox Economics, in: Juan E. Santarcángelo & Orlando Justo & Paul Cooney (ed.), Latin America after the Financial Crisis, chapter 9, pages 193-227, Palgrave Macmillan.
  • Handle: RePEc:pal:pslchp:978-1-137-48662-2_9
    DOI: 10.1057/9781137486622_9
    as

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