• Venezuelan Informal Economy

    March 24, 2020

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    Posted in: General

    Inequality doesn’t matter me because I’m not envious. I care about poverty. Pedro Schwartz in other opportunities already we have expressed on this topic, you know, that Venezuela presents an unstable economic scenario, being one of the main causes of the informal economy, political uncertainty, due to a Government that has led to changes, actions that in some way has seriously affected survival, behaviour of firms and since then, in the quality of life of the Venezuelan. Actions that have not followed a systemic management integrated into strategic plans economic chord to its reality, more than anything else, has been given much improvisation that has seriously affected its economy and its productive sectors.Has developed a significant informal economy, which has given way to that appear many entrepreneurs who start a small business in search of their livelihood to face up to their responsibilities of living and, in some way, provide a service to fellow citizens, in order to meet their needs through a product required, always within a limited field of action and seriously affecting many businesses that operate within the formality, which comply with all regulations that the Government demand, especially before a very dynamic, menacing tax that the State since then, it has imposed.

    It is very necessary. that the current Government, under the leadership of Lieutenant Colonel Hugo Chavez Frias, should be paying close attention to the current behavior of the informal economy that faces the country, its increase, since this is cause of many factors that have been instrumental in its growth and involvement for the country, especially in the absence of an unproductive business sector, unemployment, inflation, actions, programmes counteracting it, is a serious problem for the formal economy for those who offer their products complying with all legal regulations that the State sets. It is worrying and is perceived in the programmes of Government plans, strategies, effective actions that will channel the current role that the informal economy is playing in the economic scenario of the country..

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