Macroeconomics Archives - The Daily Journal

The market as a driver of wages: toward overcoming the monetarist fallacy in Venezuela

August 12, 2026August 12, 2026Tatiana Da GamaLeave a Comment

The Daily Journal – The debate over restoring purchasing power in Venezuela often becomes trapped in a recurring dogma: the premise that any wage increase inevitably leads to an inflationary spiral or the collapse of the productive apparatus. Neoclassical orthodoxy argues that the State or the private sector does not “have the money” to pay […]

IDB president rules out immediate resumption of loans to Venezuela

August 5, 2026August 5, 2026Tatiana Da GamaLeave a Comment

AFP.— Inter-American Development Bank (IDB) President Ilan Goldfajn ruled out an immediate resumption of lending to Venezuela on Monday, despite the restoration of relations between both sides after an eight-year break. In June, the IDB accepted Venezuela’s appointment of Calixto José Ortega Sánchez as the country’s new governor to the institution, fully restoring bilateral ties. […]