Titlebook: Society and Economy in Venezuela; An Overview of the B Vitor Eduardo Schincariol Book 2020 The Editor(s) (if applicable) and The Author(s),

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,Venezuela’s Historical Background (Twentieth Century),s the so-called Punto Fijo Pact of 1958, the impacts of the 1973 oil crisis on the economy and the foundation of PDVSA, and the implementation of the neoliberal policies that followed. The chapter concludes with a brief empirical evaluation of the economy performance of Venezuela between 1980 and 1998.

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,Socialism: The Legacies of History and Chávez’s Perspectives,nomic ideas of Hugo Chávez and particularly his perspectives on socialism itself. The chapter concludes with an evaluation of Chávez’s ideas on socialism in light of historical developments of the socialist theory and policies particularly when regarding underdeveloped nations.

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,Economic Policies (1999–2018), external sector of the economy and the social conflicts that arose after Chávez’s first election. The chapter avoids a more deeper economic analysis of the consequences brought by the main economic decisions as well as an analysis of the economic structure as such, which will be both made with more details on the next chapter.

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Conclusions, sector of the economy; and finally (iv) the American sanctions. The conclusion is finished with some considerations on the question of implementing a socialist model without a more comprehensive nationalization of the means of production.

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978-3-030-60082-2The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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