On the face of it, news that Venezuelan inflation is falling seems to support President Chavez’s claims that price controls will tame inflation. In reality, though, they are not the long-term solution to Venezuela’s inflation problem. Moreover, they risk creating even greater distortions in the economy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services