Future Outlook: Difference between revisions
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*The future of Venezuela's Economy depends on many different aspects. Volatile leadership can hurt the economy by straining foriegn markets and isolating Venezuela's economy. Oil prices will also have a great effect on the economy. If the prices continue to increase, the Venezuelan economy will experience significant growth. | *The future of Venezuela's Economy depends on many different aspects. Volatile leadership can hurt the economy by straining foriegn markets and isolating Venezuela's economy. Oil prices will also have a great effect on the economy. If the prices continue to increase, the Venezuelan economy will experience significant growth. | ||
*Venezuelan President Hugo Chavez put forth a proposal in Caracas on Oct. 1 saying that OPEC's price band of $22 to $28 per barrel should be raised to between $25 and $32 a barrel | |||
Revision as of 03:52, 2 May 2006
- The future of Venezuela's Economy depends on many different aspects. Volatile leadership can hurt the economy by straining foriegn markets and isolating Venezuela's economy. Oil prices will also have a great effect on the economy. If the prices continue to increase, the Venezuelan economy will experience significant growth.
- Venezuelan President Hugo Chavez put forth a proposal in Caracas on Oct. 1 saying that OPEC's price band of $22 to $28 per barrel should be raised to between $25 and $32 a barrel
[[1]|Future GDP]]
File:VE Proven Crude Oil Reserves.png