4. Positioning Venezuela on the capital market emergence continuum (web exerciseintermediate). By accessing the IMF monthly Financial
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4. Positioning Venezuela on the capital market emergence continuum (web exerciseintermediate).
By accessing the IMF monthly Financial Statistics and other pertinent websites:
a. Compute for 2012 the ratio of the market capitalization of the Caracas
(Venezuela) stock exchange to the country GDP.
b. Does it rank ahead of or behind Argentina?
c. What was Venezuela’s positioning vis-à-vis Argentina on the emergence continuum in 2007 and 2002?
d. How did Venezuela rank vis-à-vis Colombia in 2002, 2007, and 2012?
e. How do you explain Venezuela’s reversal of fortune over the past decades?
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