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Center for Energy Studies



Venezuela and Its Calamities: Add Covid-19 to the List

Igor Hernández | Jose La Rosa Reyes

Venezuela and Its Calamities: Add Covid-19 to the List.

Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.