By investigating the record of economic development in Venezuela from 1920 to the present, Jonathan Di John shows that the key to explaining why the economy performed much better between 1920 and 1980 than in the post-1980 period is to understand how political strategies interacted with economic strategies—specifically, how politics determined state capacity at any given time and how the stage of development and development strategies affected the nature of political conflicts. In emphasizing the importance of an approach that looks at the political economy, not just at the economy alone, Di John advances the field methodologically while he contributes to a long-needed history of Venezuela’s economic performance in the twentieth century.
By investigating the record of economic development in Venezuela from 1920 to the present, Jonathan Di John shows that the key to explaining why the economy performed much better between 1920 and 1980 than in the post-1980 period is to understand how political strategies interacted with economic strategies—specifically, how politics determined state capacity at any given time and how the stage of development and development strategies affected the nature of political conflicts. In emphasizing the importance of an approach that looks at the political economy, not just at the economy alone, Di John advances the field methodologically while he contributes to a long-needed history of Venezuela’s economic performance in the twentieth century.

From Windfall to Curse?: Oil and Industrialization in Venezuela, 1920 to the Present
360
From Windfall to Curse?: Oil and Industrialization in Venezuela, 1920 to the Present
360Product Details
ISBN-13: | 9780271035543 |
---|---|
Publisher: | Penn State University Press |
Publication date: | 07/15/2011 |
Pages: | 360 |
Product dimensions: | 6.00(w) x 9.00(h) x 0.90(d) |