7/25/2019 The Venezuela Catastrophe - How Socialism Brought Down One of Latin Americas Wealthiest Countries and How I

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INVITATION

The Venezuelan CatastropheHow Socialism Brought Down One of Latin Americas

Wealthiest Countries and How It Can Recover

Featuring

Maria Ines FernandezEconomist and Co-Author of Transformation 2: Five Countries ... and the Enigma Continues,

and Member, Theorema Consulting Group

Russ Dallen

Publisher, Latin American Herald Tribune, and Managing Partner, Latinvest

Erick D. LangerProfessor, Edmund J. Walsh School of Foreign Service, and Director, M.A. Program,

Center for Latin American Studies, Georgetown University

Hosted by

Ana QuintanaPolicy Analyst for Latin America and Western Hemisphere,

Kathryn and Shelby Cullom Davis Institute for National Security and Foreign Policy,The Heritage Foundation

The policies that brought about the collapse of the Venezuelan economy have been largely discredited, yettheir continued popular appeal has puzzled experts for almost two decades. Instead of capitalizing on adecade of high oil prices, the country with the biggest oil reserves in the world pilfered its fortune andmortgaged away its future. In the sequel to an earlier study, Transformation 2: Five countries ... and theEnigma Continues, Oscar Echavarria and Maria Ines Fernandez highlight with clarity those aspects andpolicies with the greatest economic impact within the last 15 years, documenting and analyzing the facts thatled to the critical state of the Venezuelan economy in 2013.

Join us for a discussion of these and other findings, their implications in the wider region, and the reformsnecessary to repair the damage caused by such policies.

Tuesday, April 26, 2016 at 11:00 a.m.

The Heritage Foundations Allison Auditorium

RSVP online| or call (202) 675-1752Terms and conditions of attendance are posted at heritage.org/Events/terms.cfm

All events may be viewed live at heritage.orgNews media inquiries, call (202) 675-1761

214 Massachusetts Avenue, NE | Washington, DC 20002 | (202) 546-4400