Unveiling the Secrets of Venezuela's Failure

Unveiling the Secrets of Venezuela's Failure

The Monsignor William Barry Memorial Library Economics and Social Justice Lecture Series presents "Unveiling the Secrets of Venezuela's Failure"

Date: Wednesday, April 9, 2014
Time: 12:00 – 12:50 pm
Location: Library 308 

This event is open to the Barry community. Refreshments will be served. 

About the Lecture

Venezuela in the growth-economic literature is known as a “growth disaster,” meaning that over the 1960-2000 period, real income per capita experienced a negative growth rate.  (Former President Hugo Chávez came into power in 1999.) This explains why a few do well while the vast majority of the population remains mired in poverty. Dr. Hugo Faria will discuss the causes of this inequality, which, he argues, stems from the adoption of exclusionary policies and institutions abetted by Venezuela’s political and entrepreneurial elites. 

About the Speaker

Dr. Hugo Faria is a visiting professor of economics and finance at Barry University. He earned a bachelor’s degree in economics from Andrés Bello Catholic University (UCAB) in Venezuela;  a master’s in public policy from the University of Chicago; and a PhD in business with a specialty in finance from the University of South Carolina. He has taught economics and finance at Northeastern University in Boston (1988-1992) and at the Institute of Advanced Studies in Administration (IESA) in Venezuela (1992-2013).

For More Information

Please contact Phil O’Neill, Senior Reference Librarian, at 305-899-3762 or poneill@barry.edu