Tag: Income Inequality

Why Venezuela’s economy is growing, but prosperity isn’t reaching people’s pockets

Tatiana Da GamaLeave a Comment on Why Venezuela’s economy is growing, but prosperity isn’t reaching people’s pockets

The IMF projects Venezuela’s GDP to grow 5% in 2026, while monthly inflation slowed in September. However, the minimum wage has remained frozen since 2022. Economist Carlos Dürich attributes this gap to oil’s dominance, the weakness of other sectors, and the unequal distribution of foreign currency. By Neirlay Andrade Venezuela is once again reporting economic […]

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The inequality of phantom growth: why Venezuela and Ireland suffer from the same macroeconomic mirage

Tatiana Da GamaLeave a Comment on The inequality of phantom growth: why Venezuela and Ireland suffer from the same macroeconomic mirage

Andrés Ramón Giuseppe Ávalo In conventional economic analysis, Venezuela and Ireland rarely appear in the same conversation. One is a European technology and pharmaceutical hub; the other is a Caribbean oil-producing nation recovering after years of acute economic collapse and severe international sanctions. Yet beneath their profound geographical and institutional differences lies a shared structural […]

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