Given the severity of the Venezuelan crisis, a number of local and regional political leaders and economists have called for or proposed various different economic recovery plans. Pinning down the scope of such plans and identifying what they are being expected to achieve is a difficult task, not least because of the large number of political unknowns. Some economists have focused on a plan that would serve for “Day 1” of a post-Maduro, post-PSUV era – basically a plan to be implemented by a victorious opposition coalition, and to be built on the assumption that Venezuela would be opened up to, and rapidly re-integrated with, the global economy.
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