Venezuela Currency Crisis: Analysis Of The Causes

Boskov, Tatjana (2018) Venezuela Currency Crisis: Analysis Of The Causes. IJIBM International Journal of Information, Business and Management, 10 (4). pp. 119-125. ISSN 2076-9202 (Print)/2218-046X (Online)

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Economic losses caused by currency crisis are spending the fiscal costs of restructuring the financial
sector, a fall in economic activity, a distortion in distributable income, a decline in credibilityemphasize
the importance of crisis prevention and the use of all available tools that can help in early identification of
the financial weaknesses of the crises system. For this reason, some kind of systems could identify the
vulnerability indicators or predict a currency crisis in order to take on time true measures to avoid the
The aim of the paper is underling the utilization of theoretical knowledge about currency crises and
focusing on analyzing the causes for Venezuela currency crisis. the Evaluation of existing crises can explain
the disruptions in the financial system or collapse of the exchange rate. Also, here we determinate the
reasons and implications of Venezuela currency crisis, as the crucial role of the foreign exchange reserve for
a country in such a circumstances.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 31 Jul 2018 11:14
Last Modified: 31 Jul 2018 11:14

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