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Rebuilding Venezuela’s Economy After Socialism Won’t Be Easy

January 29, 2019

The current crisis in Venezuela is having little impact on global markets. In fact, going forward, there is really little downside economic risk.

A huge upside potential exists, however, if the U.S.-led coalition of countries and—more importantly—the Venezuelans themselves are able to exert enough peaceful and nonviolent pressure to force Nicolás Maduro to end his brutal dictatorship and relinquish power.

This would enable the interim president, Juan Guaidó, to begin the long process of restoring market democracy.

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