Venezuela was experiencing the first pangs of what would become known as Dutch disease, the phenomenon that occurs when the success of one natural resource ruins the rest of a country's economy.


Crude Nation: How Oil Riches Ruined Venezuela (2016), Chapter 3, Let There Be Oil

Raúl Gallegos Quotes

Venezuela was experiencing the first pangs of what would become known as Dutch disease, the phenomenon that occurs when the success of one natural...

Venezuela was experiencing the first pangs of what would become known as Dutch disease, the phenomenon that occurs when the success of one natural...

Venezuela was experiencing the first pangs of what would become known as Dutch disease, the phenomenon that occurs when the success of one natural...

Venezuela was experiencing the first pangs of what would become known as Dutch disease, the phenomenon that occurs when the success of one natural...