In 2019, Venezuelan real GDP was only a third of what it had been in 2013. This erased more than four decades of economic growth. During the same time period, charges of bribery and corruption were piling up on members of the Venezuelan government, including president Nicolás Maduro, whose 2019 reelection was widely perceived as illegitimate. Using what you learned in the chapter, discuss how bribery and corruption in the Venezuelan government could lead to declines in GDP. What are some of the crucial elements that governments must provide to encourage innovation and growth?