Venezuela

Countries

Well covered for a frontier market, because the collapse was slow enough to report and extreme enough to matter: price controls, expropriation, default and hyperinflation in one country.

7 books

Start here

  1. Crude Nation: How Oil Riches Ruined VenezuelaRaúl Gallegos, 2016
  2. ComandanteRory Carroll, 2013
  3. The Paradox of PlentyTerry Lynn Karl, 1997

Books 7

The Paradox of Plenty
T1 The Paradox of Plenty
Terry Lynn Karl · 1997 · The founding petro-state study, built on Venezuela; why oil deforms institutions.
Open Library
Dragon in the Tropics
T2 Dragon in the Tropics
Javier Corrales, Michael Penfold · 2011 · How Chávez used PDVSA revenue to rebuild the state around himself.
Open Library
The Enduring Legacy
T3 The Enduring Legacy
Miguel Tinker Salas · 2009 · The foreign oil companies' company towns and the society they built.
Open Library
Comandante
T3 Comandante
Rory Carroll · 2013 · Reported from inside the Chávez government as expropriation accelerated.
Open Library
Venezuela Before Chávez: Anatomy of an Econo
T3 Venezuela Before Chávez: Anatomy of an Economic Collapse
Ricardo Hausmann, Francisco Rodríguez · 2014 · Academic but decisive: the decline began decades before Chávez, and shows why.
Open Library
Crude Nation: How Oil Riches Ruined Venezuel
T3 Crude Nation: How Oil Riches Ruined Venezuela
Raúl Gallegos · 2016 · The mechanics of subsidised fuel, multiple exchange rates and arbitrage as a national industry.
Open Library
Things Are Never So Bad That They Can't Get
T3 Things Are Never So Bad That They Can't Get Worse
William Neuman · 2022 · Reporting on the endgame: PDVSA's decay, default, sanctions and dollarisation.
Open Library