Review about the legal framework of the foreign investments in Venezuela

Wolfang José Meneses Vivas ()
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Wolfang José Meneses Vivas: Abogado de la Universidad de Los Andes. Tesista de la Especialización en Derecho Administrativo de la UCAT. Cursante de la Maestría en Economía del Instituto de Investigaciones Económicas y Sociales, Facultad de Ciencias y Económicas, Universidad de Los Andes. Mérida, Venezuela. Teléfono: +584242635941

Economía, 2016, vol. 41, issue 42, 159-188

Abstract: Human relations in the modern world are framed by institutions that regulate the actions of agents by previously defined and recognized rules of engagement. In this context, international trade is regulated by laws that facilitate the exchange of goods and services and is there where the state intervenes to ensure the protection of its national interests and to encourage foreign investment with the certainty that their capital will be taken care of as if it was its own. This article pretends, under a descriptive approach, to understand the influence of the domestic legal framework on the levels of foreign investment entering the country.

Keywords: State intervention; legal framework; rules of engagement; foreign investment. (search for similar items in EconPapers)
JEL-codes: F13 F21 F53 K33 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ula:econom:v:41:y:2016:i:42:p:159-188

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