Venezuelan economy facing the perfect storm

Lourdes Casanova, academic director of the Emerging Markets Institute at Cornell University’s Johnson School of Business and a member of several taskforces working on Latin America at the World Economic Forum, says Venezuela’s economy is approaching a perfect storm and leaders must be brave enough to find a way out of the crisis.

Por favor ten en cuenta que Lourdes Casanova puede ser entrevistada en español.


Casanova says:

“Venezuela is facing the perfect storm. The price of oil – its most important source of income – has collapsed, President Maduro faces strong opposition in congress and the macro situation is deteriorating with record inflation and a worthless currency.

“Hopefully the political leaders both in government and opposition will be brave enough to find a way out of this crisis.”

Rebecca Valli
O: 607-255-7701
M: 607-793-1025

Cornell University has television, ISDN and dedicated Skype/Google+ Hangout studios available for media interviews.

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