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Why many believe Venezuela is positioned to experience one of the fastest economic recoveries in modern history. Once one of Latin America’s wealthiest countries, the nation experienced a contraction so severe that economists often compare it to the devastation typically associated with war. Output fell by more than two-thirds, hyperinflation destroyed savings, public services deteriorated, and more than seven million Venezuelans emigrated in search of stability
Apr 30, 2026
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4 min read
House Foreign affairs member Sydney Kamlager-Dove (D-CA) grills Michael Kozak, Senior Bureau Official at the Bureau of Western Hemisphere Affairs as to the status of the 3 billion dollars collected by the US from Venezuelan Oil sales.
1 min read
At the World Economic Forum in four leading Venezuela experts from Harvard, Columbia, and Oxford challenged a core assumption shaping U.S. policy: that Venezuela’s path should follow a sequence of stabilization → recovery → transition. They argue that phase 2 and 3 should be reversed.
Apr 24, 2026
3 min read
Plan País was designed as a ready-to-implement roadmap for national recovery. It aimed to stabilize an economy that had experienced one of the worst collapses in modern history. But it never had a chance.
Apr 13, 2026
With its combination of natural beauty, relatively low living costs, and existing tourism infrastructure, the island continues to draw attention as a place where economic activity could recover more quickly if the broader national economic environment improves.
Mar 22, 2026
5 min read
Policy steps that could restore global investment and revive one of the world’s largest petroleum sectors
Mar 18, 2026
6 min read