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Crisis and Power: The Case of the Venezuelan Financial SystemJosé R. AyesteranUniversidad de los Andes Josefa Ramoni-PerazziUniversidad de los Andes, Venezuela Giampaolo OrlandoniUniversidad de los Andes, Venezuela Abstract: Based on the assumption that the Venezuela financial sector has declined in power and influence, the paper analyzes the causes and the development of the 1994 Venezuela financial crisis. It presents evidence of the inefficient operation of the financial sector during times of financial regulation (1973-81 and 1984-89). The focus is on macroeconomic disorders. NOTE: The downloadable paper is in Spanish.
Number of Pages in PDF File: 21 JEL Classification: O16 working papers seriesDate posted: February 18, 1998Suggested CitationContact Information
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