For years, the Venezuelan economy has been little more than a horror show, losing more than 80 percent of its GDP in the Nicolás Maduro era, an economic catastrophe rarely seen outside of wartime. Empty shelves, hunger, and hyperinflation became the norm — and pushed millions to flee the country.
In the months before the pandemic, however, the country was showing some signs of economic recovery — albeit a very unequal one. And with the worst of the Covid-19 crisis hopefully in the rearview mirror, economic consultancies critical of the regime are now forecasting a full year of...
