The Visible Hand of the Market: Economic Warfare in Venezuela

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Translated by Department of Translation and Interpretation of the People’s Power Ministry for Foreign Affairs of the Bolivarian Republic of Venezuela, 2017.

Author(s): Pasqualina Curcio Curcio; Luis Britto Garcia
Edition: digital
Year: 2017

Language: English
City: Caracas

PUBLISHER’S NOTE
FOREWORD
THE ECONOMIC WARFARE AND
THE VISIBLE HAND OF THE MARKET
INTRODUCTION
I. PLANNED SHORTAGES
Emerging concerns leading to this research
Given these arguments, we ask the following:
Shortage, production, imports, delivery of foreign exchange and consumption
II. INDUCED INFLATION
1. Manipulation of the parallel exchange rate
2. Induced inflation
3. Costs inflation and supply shock: unconventional warfare method
4. Conclusions
III. SUPPLY BOICOT
Why is it necessary to regulate prices?
Prices control in Venezuela as a source of shortages
Characteristics of food products in short supply
Final remarks
IV. COVERT TRADE EMBARGO
Foreign exchange allocated to large pharmaceutical corporations
Financial reports by the largest pharmaceutical corporations
On personal care and household products
V. INTERNATIONAL FINANCIAL BLOCKADE
Country-risk
Country-risk and payment of foreign debt service
Country-risk and oil barrel price
Country-risk and international reserves
Country-risk and GDP
Country-risk and inflation
Country-risk and the illegal exchange rate
Other mechanisms of international financial blockage
Smear media campaigns
Smear media campaign against pdvsa 2017 bonds exchange
Financial intermediaries
Final remarks
VI. FINAL REMARKS
Perspectives for the near future
BIBLIOGRAPHY
DIAGRAMS