Michael Henderson - Verisk Maplecroft
Last quote by Michael Henderson
The government has scared away private enterprise and nationalized large swathes of the domestic economy leading to stagnant growth and chronic inefficiency. Investment in productive capacity and infrastructure has been insufficient to meet growing demand, fuelled by super-loose monetary and fiscal policy. This is a toxic mix which almost inevitably results in a rapid acceleration of inflation.feedback
Michael Henderson has been quoted 4 times in 3 different articles. On this page, you will find all of Michael Henderson’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Michael Henderson speaks about are Venezuela and Rousseff, for example. Most recently, Michael Henderson was quoted in the article Inflation in Venezuela seen hitting 1, 500% in 2017 as crisis goes from bad to worse saying, “Regardless of whether the government is able to avoid a debt default in the near term, an inevitable macroeconomic reckoning is approaching which will have painful repercussions for ordinary households and businesses.”.
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Quotes by Michael Henderson
Oct 13 2016
Regardless of whether the government is able to avoid a debt default in the near term, an inevitable macroeconomic reckoning is approaching which will have painful repercussions for ordinary households and businesses.feedback
Jul 15 2016
Foreign businesses are finding it near impossible to conduct business in Venezuela. The banking system already has to contend with rapid inflation, liquidity shortages and binding capital controls; add to that mix an increasingly unstable political backdrop, and it makes it very difficult to see any real advantages to pursuing new business opportunities in the country.feedback
Mar 03 2016
Despite all the rhetoric from Rousseff last year about boosting private investment, it's abundantly clear that investors, both foreign and domestic, are staying away in their droves.feedback
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