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Venezuela: a Perfect Illustration of the ‘Malediction of Natural Resources' · Global Voices

Summary by Ledjely.com
Venezuela, once called the "little Venice" for its promises of prosperity, remains today the most tearing school case of what economists call the paradox of abundance. In Caracas, in January 2026, the air seems heavier than usual. Behind the cold figures... The article Venezuela: a perfect illustration of the ‘malediction of natural resources' appeared first on ledjely.
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Venezuela, once called the "little Venice" for its promises of prosperity, remains today the most tearing school case of what economists call the paradox of abundance. In Caracas, in January 2026, the air seems heavier than usual. Behind the cold figures... The article Venezuela: a perfect illustration of the ‘malediction of natural resources' appeared first on ledjely.

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Ledjely.com broke the news in on Monday, January 26, 2026.
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