How public corruption in venezuela affect future growth rate

Assignment Help Macroeconomics

Reference no: EM133205618 , Length: Word count: 2 Pages

Assignment Problem: Please read Case: "Venezuela under Hugo Chávez and Beyond" available in your e-book (page no.611), and answer the following questions:

Assignment Question(s):

1. Under Chávez's leadership, what kind of economic system was put in place in Venezuela? How would you characterize the political system?

2. How do you think that Chávez's unilateral changes to contracts with foreign oil companies will affect future investment by foreigners in Venezuela?

3. How will the high level of public corruption in Venezuela affect future growth rates?

4. During the Chávez years, many foreign multinationals exited Venezuela or reduced their exposure there. What do you think the impact of this has been on Venezuela? What needs to be done to reverse the trend?

5. By 2016, Venezuela's economy appeared to be on the brink of total collapse. What do you think needs to be done to reverse this?

Reference no: EM133205618

Questions Cloud

Change and continuity : Harvard University-Identify both of the terms and then explain how those terms relate to each other in the context of American/baseball history-in other words,

Develop a conflict management procedure : Develop a conflict management procedure for your meeting in 30 minutes. Create a simple script to help you anticipate the comments you are likely to hear

Effectively domination and influence of superpowers : Do you think the Third World was able to resist effectively the domination and influence of the superpowers (US, USSR, maybe China) during the Cold War?

Compensate pat and chris for the above losses : Outline with reasons, the extent to which Bart or his insurers would bel liable to compensate Pat and Chris for the above losses

How public corruption in venezuela affect future growth rate : How do you think that Chávez's unilateral changes to contracts with foreign oil companies will affect future investment by foreigners in Venezuela?

Would you voluntarily disclose the study information : Epidemiology Discussion - If you were a manufacturer of one of the drugs, would you voluntarily disclose the study information

How consumption and feedback are critical factors in process : How consumption and feedback are critical factors in the process in ensuring the process owners are always striving to improve the end results.

Examine manner in which walmarts business philosophy : Assignment - Examine the manner in which Walmart's business philosophy has impacted its perception of being unethical toward supply and employee stakeholders

Develop the beginnings of a strategy : Using the "Critical Question Analysis" strategy tool, and thinking in terms of value to your customer, develop the beginnings of a strategy

User Account

All Pages