Entries from: septiembre 2005

The Curse of the Petro-State: The Example of Venezuela

What makes oil a poisoned chalice?” Why do so many people lead such poor lives while sitting on King Midas’ throne, especially during an oil boom? That is a question millions of Nigerians, Algerians, Indonesians, Iranians, Mexicans and Venezuelans have been asking themselves for decades without getting a convincing explanation.

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Informal Entrepreneurs” and the Telecommunications Monopoly in Caracas

The metallic thumping that came from across the street had finally gotten on my nerves when I took my eyes off the PC screen and looked out the window. What I saw was a middle-aged man vandalizing a phone booth.

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