Venezuela in the Global Economy. This paper examines Venezuela's place and role in the global economy. Initially, Wallerstein's concept of an international division of labor is outlined. It is then applied to a statistical analysis of the Venezuelan economy. It is concluded that Venezuela is located in the periphery of the global economy. 6 pgs. Bibliography lists 3 sources. Pages: 6 Bibliography: 3 source(s) listed Filename: 7955 Venezuela Global Economy.doc Price: 53.70