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When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This work provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.

Economic development --- Developing countries --- Economic conditions. --- economics --- monetary economics --- Ghana --- Gross domestic product --- Liberia --- Malaysia --- Thailand --- Uganda

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At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine systematically the impact of a wide range of factors affecting the economy’s collapse, from the cost of labor regulation and the development of financial markets to the weakening of democratic governance and the politics of decisions about industrial policy. Aside from the editors, the contributors are Omar Bello, Adriana Bermúdez, Matías Braun, Javier Corrales, Jonathan Di John, Rafael Di Tella, Javier Donna, Samuel Freije, Dan Levy, Robert MacCulloch, Osmel Manzano, Francisco Monaldi, María Antonia Moreno, Daniel Ortega, Michael Penfold, José Pineda, Lant Pritchett, Cameron A. Shelton, and Dean Yang.

Financial crises --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Venezuela --- Venesuėla --- Republic of Venezuela --- República de Venezuela --- Bolivarian Republic of Venezuela --- República Bolivariana de Venezuela --- Gobierno Bolivariano --- Estados Unidos de Venezuela --- Венесуэла --- Баліварыянская Рэспубліка Венесуэла --- Balivaryi︠a︡nskai︠a︡ Rėspublika Venesuėla --- Венецуела --- Venet︠s︡uela --- Боливарска република Венецуела --- Bolivarska republika Venet︠s︡uela --- Βενεζουέλα --- Venezouela --- Μπολιβαριανή Δημοκρατία της Βενεζουέλας --- Bolivarianē Dēmokratia tēs Venezouelas --- 베네수엘라 --- Penesuella --- 베네수엘라 볼리바르 공화국 --- Penesuella Bollibarŭ Konghwaguk --- Венесуэл --- Venesuėl --- Bu̇gd Naĭramdakh Bolivaryn Venesuėl Uls --- ベネズエラ --- Benezuera --- ベネズエラ・ボリバル共和国 --- Benezuera Boribaru Kyōwakoku --- Боливарианская Республика Венесуэла --- Bolivarianskai︠a︡ Respublika Venesuėla --- Venecuela --- Bolivarska Republika Venecuela --- Venezuelan bolivariaaninen tasavalta --- Bolivarianska republiken Venezuela --- Bolivarcı Venezuela Cumhuriyeti --- Wenesuela --- Wenesuela Boliwar Respublikasy --- Венесуела --- Боліварианська Республіка Венесуела --- Bolivaryansʹka Respublika Venesuela --- 委內瑞拉 --- Weineiruila --- 委內瑞拉玻利瓦爾共和國 --- Weineiruila Boliwa'er Gongheguo --- Economic policy. --- Economic conditions --- E-books --- Financial crises. --- Venezuela.