01550cas a2200241 a 4500 AALejournalIMF007542 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451840087 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Venezuela : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (102 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Venezuela during 1995-97. The overall public sector balance shifted from a deficit of 7 percent of GDP in 1995 to a surplus of 7u percent of GDP in 1996. This massive swing was owing to a major increase in the underlying oil surplus, a decline in the non-oil underlying deficit, and the fact that virtually no financial assistance was provided to the banking system, compared with the cumulative 16 1\2 percent of GDP provided in 1994-95 in the context of the banking crisis. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/117 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/117/002.1998.issue-117-en.xml IMF e-Library