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The political and economic fallout of selling Monómeros

Writer's picture: Colombia Risk AnalysisColombia Risk Analysis

Updated: Jan 24

Corrosive and constructive capital: a framework for stemming the rising tide of authoritarian capitalism


The Venezuelan government is moving forward with the sale of Monómeros, a key player in the Colombian fertilizer market. This report analyzes the sale of Monómeros, a key case in the relationship between Colombia and Venezuela, and concludes that it is a case of corrosive capital due to the lack of transparency, accountability, and detrimental effects on the local business ecosystem.


Corrosive capital from autocratic regimes or actors. It is characterized by opaque transactions, political interference, and long-term economic vulnerabilities that become an enabling environment for corruption and the weakening of institutional control.



 

This report was written thanks to the sponsorship of the Center for International Private Enterprise (CIPE) within the project Corrosive and Constructive Capital: A Framework for Stemming the Rising Tide of Authoritarian Capitalism.

Timeline to understand the selling of Monómeros
Timeline to understand the sale of Monómeros

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