Top 5 Command-Economy Countries in the World

2. Venezuela

Venezuela’s regulatory landscape is a minefield due to constant political and economic upheaval. Rapid-fire changes in regulations and policies, often triggered by shifts in leadership or economic crises, make it incredibly challenging to navigate. In this restrictive environment, starting a new business becomes an uphill battle. Furthermore, the overall repressive economic climate discourages potential foreign investors from venturing into the market.