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Issues in Venezuelan Monetary and Economic Reform

María Belén Wu
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María Belén Wu: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 62, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: This paper analyzes the historical background and current conditions relating to Venezuela’s economic crisis, focusing on its monetary and financial aspects. It aims to assist in making recommendations for appropriate monetary reforms, such as the establishment of an orthodox currency board or official dollarization. The paper addresses critical questions concerning such monetary reforms, as well as complementary economic reforms that would improve Venezuela’s troubled economy in the near future.

Keywords: Currency board; dollarization; monetary reform; Venezuela (search for similar items in EconPapers)
JEL-codes: E42 P21 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2016-09
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0062

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