Venezuela's Economic Dilemma: A Target on Economists’ Backs

Tue Jul 22 2025 05:49:51 GMT+0300 (Eastern European Summer Time)
Venezuela's Economic Dilemma: A Target on Economists’ Backs

Amid surging inflation, Venezuela’s regime clamps down on economists to control the financial narrative.


In the face of crushing inflation and renewed sanctions imposed by the United States, Venezuela's government has adopted a perilous strategy: silencing economists. Under the authoritarian leadership of President Nicolás Maduro, who has previously targeted political dissenters and foreign citizens, the recent crackdown aims at reshaping the narrative of the nation's economic turmoil. Human rights organizations report that approximately two dozen economists have been detained for disseminating data about Venezuela's faltering economy, highlighting the regime’s fear of independent voices amidst an ineffective monetary system. Analysts describe this approach as a "shoot-the-messenger" tactic, as the Central Bank of Venezuela fails to provide reliable economic data, leaving economists to bridge the gap with their assessments. This unsettling trend reveals the lengths to which the Maduro administration will go to maintain its grip on power and mask the reality of its failure to govern.

Venezuela's Economic Dilemma: A Target on Economists’ Backs

Amid surging inflation, Venezuela’s regime clamps down on economists to control the financial narrative.

In the face of crushing inflation and renewed sanctions imposed by the United States, Venezuela's government has adopted a perilous strategy: silencing economists. Under the authoritarian leadership of President Nicolás Maduro, who has previously targeted political dissenters and foreign citizens, the recent crackdown aims at reshaping the narrative of the nation's economic turmoil. Human rights organizations report that approximately two dozen economists have been detained for disseminating data about Venezuela's faltering economy, highlighting the regime’s fear of independent voices amidst an ineffective monetary system. Analysts describe this approach as a "shoot-the-messenger" tactic, as the Central Bank of Venezuela fails to provide reliable economic data, leaving economists to bridge the gap with their assessments. This unsettling trend reveals the lengths to which the Maduro administration will go to maintain its grip on power and mask the reality of its failure to govern.

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