Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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This article aims to analyze the impact of desmonetization 2016 on Venezuelan economy. The government of Venezuela demonetized the 100 bolívares notes on December 11, 2016 for achieving economic, monetary and price stability, eliminating the smuggling of banknotes, achieving a higher level of efficiency and quality in government management, and eliminating the laundering of bolívares. In this sense, the origin of the measure is presented and the proposed objectives set are explored. It is resulted that the measure generated shortages of cash, changes in production decisions and commercialization of goods, increase in deposits in the Venezuelan banking system, change in the evolution of monetary aggregates, protests in the offices of banking, and a new distribution of the monetary cone. The originality of this work lies in it being pioneer in analyzing the impact of demonetizations implemented in Venezuela and Latin America. It is concluded that the desmonetization represented a monetary shock that altered the evolution of the economy and required complementary measures to mitigate its negative effects on the welfare of the population.
Alberto Jose Hurtado Briceño. 2019. \u201cImpact of Demonetization 2016 on Venezuelan Economy\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 19 (GJMBR Volume 19 Issue B2): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 102
Country: Venezuela
Subject: Global Journal of Management and Business Research - B: Economic & Commerce
Authors: Alberto Jose Hurtado Briceño, Sadcidi Zerpa De Hurtado (PhD/Dr. count: 0)
View Count (all-time): 133
Total Views (Real + Logic): 2712
Total Downloads (simulated): 1375
Publish Date: 2019 06, Wed
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This article aims to analyze the impact of desmonetization 2016 on Venezuelan economy. The government of Venezuela demonetized the 100 bolívares notes on December 11, 2016 for achieving economic, monetary and price stability, eliminating the smuggling of banknotes, achieving a higher level of efficiency and quality in government management, and eliminating the laundering of bolívares. In this sense, the origin of the measure is presented and the proposed objectives set are explored. It is resulted that the measure generated shortages of cash, changes in production decisions and commercialization of goods, increase in deposits in the Venezuelan banking system, change in the evolution of monetary aggregates, protests in the offices of banking, and a new distribution of the monetary cone. The originality of this work lies in it being pioneer in analyzing the impact of demonetizations implemented in Venezuela and Latin America. It is concluded that the desmonetization represented a monetary shock that altered the evolution of the economy and required complementary measures to mitigate its negative effects on the welfare of the population.
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