Venezuela at the stage of macroeconomic collapse: A historical and comparative analysis

ABSTRACT: By 2018, Venezuela had lost 49.32% of its total GDP in just five years (2014-2018). Performing a historical and comparative analysis with Stata’s econometrics package, results show that this aggregated evolution of GDP represents the worst macroeconomic performance in magnitude and duration in the history of Venezuela (1950-2018), the worst in Latin America andContinue reading “Venezuela at the stage of macroeconomic collapse: A historical and comparative analysis”