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Venezuela's Economy: What Lies Ahead?

Americas Society / Council of the Americas

February 3, 2015


(Image: AP)

AS/COA hosted a public panel with experts on the Venezuelan economy to discuss the country’s outlook for 2015. The drop in global oil prices has had a major effect on Venezuela, with Moody’s recently downgrading the country's debt and inflation hitting 64 percent in 2014. As Venezuela's economic situation grows precarious, what are the political and social implications? How are Venezuelans reacting to ever-increasing shortages of basic goods? Which policies offer the best solutions? Experts will share their views on these topics and the country’s economic prospects for the coming year.

Related Content: Seven Charts on Venezuela's Economy
Follow the event at #VZoutlook | @ASCOA


  • Jaime Reusche, Vice President and Senior Analyst, Sovereign Risk Group, Moody’s Investors Services
  • Francisco Rodríguez, Director and Senior Andean Economist, Bank of America Merrill Lynch
  • Alejandro Velasco, Assistant Professor of Latin American Studies, New York University
  • Katia Porzecanski, Emerging Markets, Americas, Bloomberg News (Moderator)

Registration Fee: This event is free, but registration is required.

Event Information: Guillermo Zubillaga | | 1-212-277-8362
COA Corporate Membership Information: Monica Vieira || 1-212-277-8344
Press Inquiries: Adriana La Rotta | | 1-212-277-8384
Cancellation: Please contact Juan Serrano-Badrena at before 3:00 p.m., Monday, February 2, 2015

Katia Porzecanski

Emerging Markets, Americas, Bloomberg News

Katia Porzecanski is a reporter for Bloomberg News and covers emerging markets in the Americas. In her current role, she is responsible for writing daily and enterprise coverage of sovereign and corporate debt markets in Argentina, Mexico, and Venezuela; breaking news in credit and foreign exchange markets across Latin America; and developing and maintaining relationships with New York-based sources in these markets. Porzecanski was nominated for Newswomen's Club of New York's Martha Coman Award for Best New Journalist.

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Jaime Reusche

Vice President and Senior Analyst, Sovereign Risk Group, Moody’s Investors Services

Jaime Reusche is a vice president and senior analyst in Moody's sovereign risk group where he is responsible for analysis and ratings of Latin American sovereigns. Previously, Reusche was a lead analyst for Moody's European sovereigns during the European debt crisis, before refocusing on Latin America. He also worked as a director in Fitch Ratings' sovereigns group covering Latin American credits including Argentina, Chile and Central American countries until 2011.

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Francisco Rodríguez

Chief Economist, Torino Capital

Francisco Rodríguez is an economist and coauthor of Venezuela Before Chávez. Previously, he was director and senior Andean economist at Bank of America Merrill Lynch (BAML), where he specializes in the economies of Colombia, Peru, and Venezuela. Rodríguez has held numerous positions in academia and public policy. Between 2000 and 2004 he headed the Venezuelan Congressional Budget Office. He has taught economics at the University of Maryland at College Park, Wesleyan University, and the Instituto de Estudios Superiores de Administración in Caracas.

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Alejandro Velasco

Assistant Professor of Latin American Studies, New York University

Alejandro Velasco is an assistant professor of Latin American history in the Gallatin School at New York University whose research and teaching interests are in the areas of social movements, urban culture, and democratization. Before joining the Gallatin faculty, he taught at Hampshire College, where he was a Five College Fellow, and at Duke University. Mr.

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