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Question (En)
How is Caracas Venezuela addressing global economic challenges, such as inflation or recession?
Answer (En)
Caracas faces extreme economic challenges, particularly *hyperinflation and recession. The government has implemented measures such as price controls, currency devaluations, and social programs to address these issues. However, these policies have had mixed results. Many residents rely on the **informal economy* and *dollarization* for stability. Despite efforts to mitigate the impact, the city's economy continues to be deeply affected by global and domestic challenges.
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