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Essay heading: Gas and Venezuelan Society
Essay specific features
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Social Issues |
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| Date added: |
November 9, 2000 |
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2 / 436 |
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0 times |
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Essay content:
Non-oil sector growth such as in communication industry has been moderate over the last couple of years. Although, manufacturing industry has been increasing over the last couple of years, yet the economic phenomena in Venezuela can be associated to a major extent with the appearance of "Dutch Disease"5 where government monopoly leads to a less competitive manufacturing sector and public services entangled with business interests...
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Hence, low gas prices play a major role in the economic stability of Venezuela.
References
1German Agency for Technical Cooperation (GTZ), Fuel Prices and Taxation www.gtz.de
2Venezuelan Car Sales Soar 64.6% in February, Reuters, March 7, 2007. http://www.reuters.com/article/economicNews/idUSN0723628620070307
3GDP increased 11...
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