Abstract

MORILLO MORENO, Marysela Coromoto. Venezuela: International Commerce and the Challenge of Sustainable Growth. Revista de Ciencias Sociales [online]. 2007, vol.13, n.1, pp.23-46. ISSN 1315-9518.

In spite of its innumerable natural resources, Venezuela has not been able to reach its desired development, nor the well-being of all its inhabitants, partly because its economic practices and actions have not been based on sustainable growth, and its exportation is limited to raw materials without aggregate value, and the exploitation of which is increasing its irreversible ecological vulnerability. This paper analyzes the Venezuelan economy within the framework of sustainable growth, linking its external economic commerce to sustainable growth. An urgent reduction in oil dependency and the diversification of the economy and exports are urgently recommended in order to participate in international commerce dynamically with products of high aggregate value. The challenges are the processes of commercial liberalization on a world-wide level which promotes ecological sustainability, and balanced human development, integrated on a world level with ecological and commercial policies, since international commerce does not automatically elevate the quality of human life and the health of the planet. On the contrary, everything depends on the efficient use of resources to create wealth in concordance with the protection of the environment.

Keywords : Venezuela; sustainable growth; external commerce; oil.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )