El análisis económico del derecho desde la perspectiva del régimen de control cambiario vigente a partir del año 2003
The handling of money, and of currency exchange and monetary crises, is linked to a common factor: trust in the value of money as perceived in the legal currency of a country, and trust that the Government will implement monetary measures and fiscal restraint, to avoid any major crisis. In the midst...
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2016
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| Acceso en línea: | http://hdl.handle.net/10872/14965 |
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| Sumario: | The handling of money, and of currency exchange and monetary crises, is linked to a common factor: trust in the value of money as perceived in the legal currency of a country, and trust that the Government will implement monetary measures and fiscal restraint, to avoid any major crisis. In the midst of the foregoing variables, we ought to consider also currency exchange policy and its management. Law and economics have, as recognizable social sciences, a particular influence when advancing public policies directed at providing Governments with answers to address the needs of their constituency, by means of regulations, institutional framework, and welfare in general terms. The key issues that this research paper deals with, mostly based on the economic analysis of the law and other applicable theoretical tendencies, is whether laws and regulation containing certain pre-established variables could promote sustainable economic development within a rational regulatory framework?, and whether the variables found in the currency exchange control regime in effect in Venezuela since the year 2003, could allow us (i) access to a model that in turn provides for economically efficient regulation; and (ii) predicting those regulatory provisions that ought to be enacted to promote economic development? Our analysis is aimed at determining, based on a deductive approach and the applicable theoretic framework that explain the links between economics and the law, the impact of the currency exchange control regime in effect in Venezuela since 2003, and the establishment of a predictive model built to identify variables that could shape regulatory provisions and their impact in the economic development and social progress of a country. |
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