#dollarization

If you think life is hard—try surviving in Venezuela on $60/month or even less. 😩 My daily battle

Adam Nir | Unsplash Lately I have been wondering the following. How difficult is it for a country to undergo a complex process of dollarization? Argentina is one of the countries that has entered a state

According to an article published in 2018 by the newspaper ABC de Spain, the Venezuelan economy had contracted 50% since 2013, when Nicolas Maduro assumed the presidency. A chain of errors in the management

The growth of transactions in dollars A few years ago, only real estate and vehicles were paid for with foreign currency. As of 2018, a growth of these operations began to be recorded and by April 2019