Venezuela Is Slowly Coming Back to Life, But Not for Everyone
Parts of daily life feel surprisingly normal. Yet much of the country that I and eight million others left behind remains unchanged.
Parts of daily life feel surprisingly normal. Yet much of the country that I and eight million others left behind remains unchanged.
Some say dollarization won’t rescue Venezuela. Here’s my take: open the economy and we’ll see.
Few people wondered about the environmental consequences of the supposed energy investments.
Full dollarization fails to address the root causes of mismanagement and risks crippling long-term capacities.
Without meaningful democratic reforms, the agreement may jeopardize the investments Washington hopes to attract.
Higher global prices have not translated into visible recovery. The reasons are structural, not accidental.
After a brief stabilization, prices are climbing again. For households, the psychology matters as much as the statistics.