Introduction
The Venezuelan economy grew by 3.4% during 2001, before the growth rate fell, with a contraction of more than 7% in 2003. After staging a recovery, the global economic slowdown brought the countrys GDP growth down to 5% in 2008, with contractions of 3.3% and 1.5% recorded in 2009 and 2010 respectively. According to MarketLine estimates, the economy is expected to recover in 2011 to grow at 1.7%.
Features and benefits
* Understand how Venezuela can be used to plan business investments or market entry through a holistic view of the country.
* Gain an understanding of the political situation in Venezuela, including key figures in the country and governance indicators.
* Understand customer demographics in Venezuela through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Venezuela identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Venezuela, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Venezuela's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Venezuela perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends?
* What is the legal structure in Venezuela and are the laws conducive to investment?
* How does Venezuela perform in terms of environmental indicators and its environmental policies?
* How does Venezuela perform in terms of healthcare, income distribution, and education?