ECONOMY OF VENEZUELA PETROLEUM SECTOR MANUFACTURING REVENUE EXPORTS COUNTRYS GDP TOTAL VENEZUELA FIFTH LARGEST MEMBER OPEC OIL THE EARLY VENEZUELAN ECONOMY EXPERIENCED STEADY GROWTH IMMIGRANT THE NATION HIGHEST STANDARD OF LIVING IN LATIN COLLAPSE OIL PRICES MONETARY SIGN PROGRESSIVE DEVALUATION INFLATION REACH PEAKS PRIOR HUGO TAKING HEAVY INDUSTRY STEEL ALUMINIUM CEMENT PRODUCTION CONCENTRATED CIUDAD GUAYANA GURI DAM LARGEST IN THE WORLD PROVIDER ELECTRONICS AUTOMOBILES FOODSTUFF AGRICULTURE IN VENEZUELA LABOR FORCE RICE CORN FISH TROPICAL FRUIT COFFEE PORK BEEF THE COUNTRY AREAS AGRICULTURE SPITE STRAINED RELATIONS TWO COUNTRIES THE UNITED STATES TRADING AGRICULTURAL MEDICAL INSTRUMENTS SUPPLIERS FOREIGN OIL THE UNITED COMPANIES CENTRAL BANK OF VENEZUELA THE GOVERNMENT BILLION EXPORT THE INTERNATIONAL ENERGY AGENCY BARRELS PER DAY GO TO THE UNITED STATES OF SOCIALIST REVOLUTION PDVSA GIANT CORPORATION FIRING DISSIDENT PROFESSIONAL HUMAN STRINGENT CURRENCY CONTROLS ATTEMPT PREVENT CAPITAL FLIGHT DECLINE STERN CURRENCY DEVALUATIONS PRICE CONTROLS EXPROPRIATION FARMLANDS DISPUTABLE GOVERNMENT POLICIES FREEZE ACCESS FOREIGN REASONABLE EXCHANGE SHORTAGES IN VENEZUELA STEEP PRICE RISES COMMON HOUSEHOLD SPARE PARTS TOOLS MEDICAL FORCING MANUFACTURERS CUT CLOSE DOWN THE CASE TECHNOLOGICAL FIRMS AUTOMOBILE REACH IN INCREASE NEARLY POPULATIONS POVERTY RATE INDEPENDENT SOURCES DISCOVERED MARACAIBO STRIKE JUAN WRITE MADE IN STANDARD OIL OF NEW JERSEY ACCEPTED AGREEMENT LANDMARK TERMS COUP POWER GOVERNMENT JUAN PABLO ALFONSO THE STRONGEST SOUTH CONTINUOUS PERIOD PLAN CARTEL VOTED NATIONALIZE OIL INDUSTRY OUTRIGHT EFFECTIVE TAKING OVER NUMBER HOLDING VAST REFINING MARKETING SYSTEM THE US JIMENEZ DICTATORSHIP HIGH GDP GROWTH REAL GDP PER CAPITA ALMOST REACHED WEST WORLDS WEALTHIEST NATION ROMULO BETANCOURT INHERITED INTERNAL EXTERNAL DEBT CAUSED RAMPANT PUBLIC SPENDING BALANCE PUBLIC BUDGET AGRARIAN REFORM STRONG GOVERNMENTS ABLE SOCIAL HARMONY SPENDING HEALTH FOOD LITERACY WELFARE VENEZUELAN WORKERS WAGES SITUATION WORLD PRICE INFLATION INFLATION RATE THE YEAR THE CAPITAL CITY OF CARACAS SUFFERED CARACAZO THE CUT GOVERNMENT SPENDING THE OPENING MARKETS PRESIDENT CARLOS INITIATED LIBERAL ECONOMIC POLICIES UNEMPLOYMENT RAFAEL CALDERA SAW ANNUAL INFLATION RATES PEAK PEOPLE LIVING POVERTY ROSE SUFFERING BANKING CRISIS VENEZUELAN BANKING CRISIS OF ECONOMIC CRISIS EVEN WORSE PER CAPITA GDP LEVEL DOLLAR DOWN PURCHASING POWER AVERAGE SALARY OFFICE OFFERING CHAVEZ FUNDS SEEN ECONOMIC COLLAPSE SOCIALISTIC POPULIST DEPENDENT ON HIGH LEADING ROLE ORGANISATION ADHERENCE PRODUCTION QUOTA DRIVE OIL MINISTER ANNOUNCEMENT HIS COUNTRY RESPECT QUOTAS MARKED HISTORIC TURNAROUND THE NATIONS TRADITIONAL THE FIRST FOUR YEARS SIMILAR THE TURMOIL THE COUP THE BUSINESS FACTORS THE DECLINE EXODUS RELUCTANCE FOREIGN INVESTORS GROSS DOMESTIC PRODUCT TRILLION BOLIVARES AT THE BOTTOM THE RECESSION CONSTANT POLITICAL INTERNATIONAL ASSISTANCE FINANCE MASSIVE FLOODING LANDSLIDES WORST RECESSION CONSTRUCTION COMMERCE THE DROP IN QUOTA VIRTUAL VENEZUELAN GENERAL STRIKE OF INTERNATIONAL STANDARDS MEASURED CONSUMER PRICE INDEX FALLING RISING YEARLY SUPPORT BOLIVAR DECLINING INTERNATIONAL RESERVES ADVERSE IMPACT WORK THE FINANCIAL THE MINISTRY THE CENTRAL BANK SUSPENDED FOREIGN EXCHANGE TRADING CADIVI CURRENCY CONTROL BOARD HANDLING EXCHANGE RATE THE DOLLAR PURCHASES HOUSING MARKET THE MASSIVE PROPERTY EXPROPRIATED THE HERITAGE FOUNDATION THE WALL STREET JOURNAL WEAKEST PROPERTY RIGHTS SCORING SCALE COMPENSATION HOUSING GROUP CENTRO FINANCIERO CONFINANZAS CANCELLED FIRST THREE MONTHS LATIN AMERICA OPTIMISM EMERGE MONETARY FUND FORECASTS SHOWING THE ONLY COUNTRY THE REGION ECONOMIC RECOVERY DELAYED WEAK COMPARISON DEATH FALL GREATER GLOBAL MISERY INDEX RANKED SPOT GLOBALLY MISERY INDEX BUSINESS RANKING DOING BUSINESS REPORT INVESTORS TAXES DEVALUED SHORTAGES TOILET HEALTHCARE IN VENEZUELA THE UNIVERSITY OF HOSPITAL CEASING PERFORM SURGERIES LACK BOLIVARIAN IMPORT DRUGS VENEZUELANS DIED DEATHS MEDICAL PROFESSIONALS LIMITED RESOURCES DECADES SECOND YEAR THE ECONOMIST CITIBANK BELIEVED LITTLE PROSPECT IMPROVEMENT THE STATE DISASTER THE WORLD BANK FREEDOM CLASSIFYING REPRESSED PRINCIPLES FOUNDATION FOREIGN POLICY LAST YIELD INDEX RETURNS INVESTING REPORT FRONTIERS ZURICH FINANCIAL SERVICES REPORTED BLOOMBERG EMERGING MARKET TOYOTA FORD MOTOR GENERAL MOTORS COMPANY CANADA AIR EUROPA AMERICAN AIRLINES COPA AIRLINES TAME TAP AIRLINES UNITED AIRLINES OPERATION HARD CURRENCY DISMANTLED GOVERNMENT BODY IN CHARGE CURRENCY EXCHANGE MONEY PRIVATE SECTOR PREDICTED RATE CONTRACT DOCUMENTS THE CENTRAL BANK OF GOODS CABINET THE GROUP CONSISTING OF LEFTIST BANK AMERICAS INVESTMENT MERRILL LYNCH MADUROS THE HEAD LATIN AMERICAN ACCURATE FIGURE RISE ESTIMATE AMERICA FORECAST VENEZUELAN GOVERNMENT ECONOMIC STATISTICS ADEQUATE DATA ECONOMIST STEVE HANKE JOHNS HOPKINS UNIVERSITY RELEASE STATISTICS LIED THE SOVIET UNION SAYING LIE HAD TO BE USED TO OBSERVE ECONOMIC DATA SUCCESSOR A