Tras las huellas del sistema político venezolano: doscientos años de historia vertidos en una revolución

Nuestro propósito en este artículo es establecer una correlación entre el presente político de Venezuela y sus antecedentes históricos. En efecto, existen numerosas instituciones, prácticas, ideas, héroes e imaginarios colectivos que han viajado a través de la historia, desde la independencia del país hasta contextos actuales. En este sentido, importantes componentes del régimen de Hugo Chávez Frías representan una prolongación (incluso, una intensificación) de procesos políticos producidos durante los últimos dos siglos. A fin de exponer nuestros argumentos, estructuramos el artículo en tres partes principales: siglo XIX, siglo XX y siglo XXI.-----Our purpose in this article is to establish a correlation between Venezuela’s political present and its historical background. There are, in fact, numerous institutions, practices, ideas, heroes and collective imaginaries that have travelled along history since the independence of the country until contemporary contexts. In this sense, important components of Hugo Chávez Frías’regime represent a prolongation (even, an intensification) of many political processes which have born during last two centuries. In order to expose our arguments we structure the article in three main parts: the XIXth, the XXth and the XXIst centuries.

Economic shocks and crime: evidence from the crash of ponzi schemes

In November 2008, Colombian authorities dismantled a network of Ponzi schemes, making hundreds of thousands of investors lose tens of millions of dollars throughout the country. Using original data on the geographical incidence of the Ponzi schemes, this paper estimates the impact of their break down on crime. We find that the crash of Ponzi schemes differentially exacerbated crime in affected districts. Confirming the intuition of the standard economic model of crime, this effect is only present in places with relatively weak judicial and law enforcement institutions, and with little access to consumption smoothing mechanisms such as microcredit. In addition, we show that, with the exception of economically-motivated felonies such as robbery, violent crime is not affected by the negative shock.