Venezuela's currency plummets (Herald Tribune)

On September 3rd, the International Herald Tribune article Venezuela's currency plummets quotes CGD Non-Resident Fellow Ricardo Hausmann, an expert in international finance.

From the article:

'"This has been the worst-managed oil boom in Venezuela's history," said Ricardo Hausmann, a former government planning minister who now teaches economics at Harvard University. "A devaluation is a foregone conclusion. The only question is when."'