Jan 21, 2026
Venezuela has experienced one of the deepest economic collapses in modern history. CGD's David Evans, Dany Bahar, and Liliana Rojas-Suarez examine how Venezuela reached this point, the conditions that need to be in place for a credible economic recovery, the role of oil and debt restructuring, and how the country can realistically chart a path out of poverty and back toward stability and growth.