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In today's world economy, a nation's standard of living is increasingly influenced by the competitiveness of its industries and firms. This is especially true in Latin America, where economic reforms have created new opportunities and challenges. Based on a comprehensive two-year study, Venezuela: The Challenge of Competitiveness represents a first-of-its-kind analysis of the competitiveness of the economy and industries of a developing nation. The authors also provide valuable recommendations on actions that firms and government can take to improve the nation's overall economic performance. The study's methods, conclusions, and recommendations will be of direct interest for those interested in industrial competitiveness, economic reform, and Latin America.