Venezuela : Recent Economic Developments

Recent Economic Developments

Venezuela : Recent Economic Developments
This paper reviews economic developments in Venezuela during 1995–97. The overall public sector balance shifted from a deficit of 7 percent of GDP in 1995 to a surplus of 7 percent of GDP in 1996. This massive swing was owing to a major increase in the underlying oil surplus, a decline in the non-oil underlying deficit, and the fact that... READ MORE...

Publication date: November 1998
ISBN 9781451840087
$15.00

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