{"id":460,"date":"1990-09-17T16:22:07","date_gmt":"1990-09-17T16:22:07","guid":{"rendered":"http:\/\/www.tmsdesarrolladores.com\/pedropalma\/?p=460"},"modified":"2016-02-24T21:29:34","modified_gmt":"2016-02-24T21:29:34","slug":"a-new-economic-policy-in-venezuela-2","status":"publish","type":"post","link":"https:\/\/pedroapalma.com\/site\/a-new-economic-policy-in-venezuela-2\/","title":{"rendered":"A new economic policy in Venezuela"},"content":{"rendered":"<h4>Palma, Pedro A. (1990) <span style=\"font-size: 13.0pt; font-family: 'Arial',sans-serif; color: #333333;\">A<\/span><strong><span style=\"font-size: 13.0pt; font-family: 'Arial',sans-serif; color: #333333;\"> New Economic Policy in Venezuela<\/span><\/strong><span style=\"font-size: 13.0pt; font-family: 'Arial',sans-serif; color: #333333;\">.\u00a0 Presented at the Seminar \u201cVenezuela: Development and Options for the 1990\u2019s\u201d, Latinamerika Institutet I Stockholm \u201cLAIS\u201d of the University of Stockholm, Stockholm, Sweden.\u00a0 September 17-18, 1990.<\/span><\/h4>\n<p><span style=\"font-size: 11.0pt; font-family: 'Arial',sans-serif; color: #333333;\">Venezuela&#8217;s economic policy has undergone major changes since early 1989. The country has been put through a severe adjustment process intended to correct deep-seated disequilibria, and it is often said that this adjustment is just the first step of a much broader, permanent economic policy to be implemented in the years ahead. It is viewed as a prerequisite for the elimination of severe accumulated distortions, and a necessary condition for the creation of an environment conducive to the successful implementation of a new and more permanent economic policy. The first part of this paper provides a brief discussion on the disequilibria that had to be corrected, the main features of the adjustment policy, and the immediate consequences of its implementation. Thereafter, we will offer some comments on the second stage of the process: the local economic policy to be put into effect and the direction it could take, not only in the national arena, but also in the regional one.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palma, Pedro A. (1990) A New Economic Policy in Venezuela.\u00a0 Presented at the Seminar \u201cVenezuela: Development and Options for the 1990\u2019s\u201d, Latinamerika Institutet I Stockholm \u201cLAIS\u201d of the University of Stockholm, Stockholm, Sweden.\u00a0 September 17-18, 1990. Venezuela&#8217;s economic policy has undergone major changes since early 1989. The country has been put through a severe adjustment &hellip;<\/p>\n","protected":false},"author":2,"featured_media":501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7],"tags":[64,61,63],"class_list":["post-460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academicos","category-trabajos-y-papers","tag-crisis-economica-venezolana-1989","tag-economia-venezolana","tag-rentismo-petrolero"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A new economic policy in Venezuela - Pedro A. 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