Challenges for the recovery of Venezuela 

The collapse of the Venezuelan economy is unprecedented. If the expected reduction in economic activity of 2020 (around 30%) is added to the 70% contraction between 2013 and 2019, the Venezuelan economic downfall will be one the largest in the world. As part of this crisis, there has been a dramatic drop in household purchasing power, with consequent increases in poverty and inequality. This research agenda looks at  the explanations behind the countrys economic debacle even before the COVID-19 pandemic, analyze the pandemics impacts on the country, and look at policy options.