Venezuelan Payroll “Benefits” Harm Employees And Push Companies to Break the Law, by Alberto Delgado https://ift.tt/948WUj1 Caracas Chronicles Venezuelan Payroll “Benefits” Harm Employees And Push Companies to Break the Law Labor benefits don’t necessarily benefit Venzuelan workers. When employers do the math, they realize they have to offer lower salaries so that the whole package becomes affordable.

Bad Habits: The Case of the Bolivar’s Overvaluation, by Miguel A. Rivas Espinoza https://ift.tt/3w9F71s Caracas Chronicles Bad Habits: The Case of the Bolivar’s Overvaluation | Caracas Chronicles All governments have incentives to avoid depreciating the bolivar. But this habit harms our export capabilities and keeps Venezuela uncompetitive and vulnerable

Twenty Million Venezuelans Still Have Severe Humanitarian Needs, by Kaoru Yonekura https://ift.tt/kCpP6Sr Caracas Chronicles Twenty Million Venezuelans Still Have Severe Humanitarian Needs | Caracas Chronicles The fourth edition of a report on the humanitarian complex emergency, published by HumVenezuela platform, shows a fall in purchasing power and a new push for migration in 2022 and 2023