This work is the only economic history of Venezuela written in English. In it, Salazar-Carrillo provides estimates that have not been published previously on the Venezuelan economy in general, and the oil component in particular. Evolution of the oil industry in Venezuela is covered in detail and the concept of the retained value of oil expenditures and tnvestment is developed. Recent government policies and the performance of the Venezuelan economy are evaluated, and export-oriented strategies are considered. The appropriateness of these plans in fostering economic development is discussed.
This work is the only economic history of Venezuela written in English. In it, Salazar-Carrillo provides estimates that have not been published previously on the Venezuelan economy in general, and the oil component in particular. Evolution of the oil industry in Venezuela is covered in detail and the concept of the retained value of oil expenditures and tnvestment is developed. Recent government policies and the performance of the Venezuelan economy are evaluated, and export-oriented strategies are considered. The appropriateness of these plans in fostering economic development is discussed.
Introduction A Theoretical Framework A Short Review of Methodological Problems and Data Sources The Effects and Contribution of Oil to the Economics of Venezuela, 1910-22 The Effects and Contribution of Oil to the Economics of Venezuela, 1922-29 The Contribution of Oil and Its Effects on the Economy of Venezuela, 1930-36 The Contribution of Oil and Its Effects on the Economy of Venezuela, 1936-42 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1943-57 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1958-73 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1974-85 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1986-90 Bibliography Index
Introduction A Theoretical Framework A Short Review of Methodological Problems and Data Sources The Effects and Contribution of Oil to the Economics of Venezuela, 1910-22 The Effects and Contribution of Oil to the Economics of Venezuela, 1922-29 The Contribution of Oil and Its Effects on the Economy of Venezuela, 1930-36 The Contribution of Oil and Its Effects on the Economy of Venezuela, 1936-42 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1943-57 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1958-73 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1974-85 The Contribution of Petroleum and Its Effects on the Economic Development of Venezuela, 1986-90 Bibliography Index
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