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The Venezuelan Economy in the Chávez Years

English

• REPORT Economic GrowthLatin America and the CaribbeanVenezuelaWorld

The Venezuelan Economy in the Chávez Years

July 24, 2007

Dan Beeton

Mark Weisbrot

Luis Sandoval

Contents

July 2007, Mark Weisbrot and Luis Sandoval

This paper examines how Venezuela’s economy has fared since President Hugo Chávez was elected in 1998. The paper looks at growth, employment, poverty, investment and other indicators, and considers the popular conception of whether the current economic expansion is an “oil boom headed for a bust.”

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Dan Beeton | Director, International Communications

Dan Beeton is Communications Director for the International Program at the Center for Economic and Policy Research.

Mark Weisbrot | Co-Director

Co-Director, Center for Economic and Policy Research

Luis Sandoval