"Without ever explicitly stating it, she was the first to acknowledge the failure of the interventionist model. To rectify the situation upon assuming her duties, she dispensed with the input of Venezuelan economists almost all of whom were highly critical of Chavismo's decisions in recent years and turned to her friend and colleague Rafael Correa, the former president of Ecuador, who would ultimately recommend a team of advisors to implement a classic economic adjustment."
"From that moment on, the Maduro government began discreetly returning assets expropriated from business owners and industrialists during the Chavez era (almost all of whom were bankrupt and ruined). Excessive bureaucratic oversight of the economic apparatus was relaxed and eventually eliminated. Exchange controls were abolished, and the dollar entered the economy. Military takeovers of companies ceased. Hostility toward private property ended. The government and the business federation Fedecamaras which Maduro had called the parasitic bourgeoisie in 2013 made peace."
Delcy Rodriguez assumed the interim presidency of Venezuela amid rampant inflation, a collapsed oil industry, and a 70% GDP contraction over a decade. She previously headed Economy, Finance, and Petroleum ministries and privately recognized the failure of interventionist policies. She sidelined many Venezuelan economists and consulted Rafael Correa, whose advisors recommended classic economic adjustments. The Central Bank ceased publishing detailed figures. The government began returning expropriated assets, reduced bureaucratic oversight, abolished exchange controls, allowed the dollar into the economy, ended military takeovers of companies, reconciled with Fedecamaras, and stopped forced unilateral wage increases.
Read at english.elpais.com
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