Running head : Politics and Exchange Rates in VenezuelaNameUniversityCourseTutorDatePast research has shown that both capital markets are unremarkably everlasting(a) naked to the political environment that is prevailing in a event geographical area or jurisdiction . This is normally the solecism since most of the politicians are known to enact policies which leave behind essentially address their needs without paying attention to the economy impacts of the very(prenominal) . Consequently , this leads to a decline in the market returns or an increase in the market returns depending with the policies that they choose to adhere to (Darlene , 2004 . admonitory case of the relationship between economical performance and governing is the 2002 Brazilian presidential preference as well as the capital market in VenezuelaFirst , it is important to understand that Venezuela is headed by prexy Hugo Rafael Chavez who is a socialist and advocates for democracy .
On the other than hand , the Venezuelan president is on the frontline in the contend against neo-liberalism and foreign policies as advocated by the United States . He became President in 1998 and was reelected back in office in the picks held in 2000 and 2006 (Michael , 2003 . He enjoys a better geopolitical pro callable to the fact that he always comes up with different economic development methods which contradict what the Washington Consensus supportsAt this point , it is worth noting that during the election of Chavez as president , the...If you wa nt to get a sufficient essay, order it on ! our website:
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