Will the situation in Venezuela improve now that Chavez has died?
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(1 Replies)
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2Amanda Purcell Mar 05, 2013
Chavez did a lot of good things for the poor
Despite many of Chavez's problems, his missions where of great help to the Venezuelan poor. In particular his agreement to bring Cuban doctors, provide more low-income housing, etc. These initiatives are likely to be reduced or end now that he has died.
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1Marialexandra Garcia Mar 07, 2013
How exactly is "importing" Cuban doctors to Venezuela a good thing? Cuban doctors, who due to the lack of technological and medical advances in Cuba (for obvious communist reasons) know very little about modern medicine and many have never even seen a lot of the medical equipment Venezuelan doctors work with everyday. How is "importing" doctors from another country a good thing when you already have great Venezuelan doctors who lost their jobs because of this? I don't see how this can ever be a good or positive thing.
How again is giving "homes" away a good thing? So people don't aspire to work hard and make a living? Or is it that Chavez TAKING private property, private homes and apartments from those who HAD worked to earn their money and buy their own homes, away from their rightful owners to give to those who "did not have as much" a good thing?
So is giving Venezuela's money away in "missions" a good thing for "the poor"? So those who made BsF600 a month quit their jobs because "why work if the government is going to give me BsF500 a month for staying home". This was something not only I heard, but many others I know heard from workers.
So leaving a very wealthy country, the 4th largest oil producer in the world, in horrible financial ruin, Caracas being named the second most violent capital city in the world, and no food in grocery stores, a good thing for the poor?
I don't think I can agree with a single word you stated.
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1Peter White Mar 05, 2013
The country now has more uncertainty
According to Andres Oppenheimer's book Cuentos Chinos, one of the most important factor's for a country's growth is stability. Chavez passing away increases significantly the risk in the country and the changes that will come ahead, which is a huge negative factor for a country that needs to become more stable in order to fix its structural problems and begin to grow.
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3Peter White Mar 05, 2013
Finally Venezuela will become more business friendly
Chavez has been known to be one of the least business friendly presidents in the world. In the most recent Ease of Doing Business rankings Venezuela came in at #180; that is 5th from last! Venezuela is in dire need for foreign direct investment and this change in leadership will be a welcome sign for investors who have wanted to invest in Venezuela but the risk of Chavez had kept them abreast.
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1Steve Snyder Mar 06, 2013
Economically it can only go up
Venezuela has been one of the least business-friendly countries in the world. Prices are controlled, it is illegal if not impossible to get dollars, inflation is rampant and assets are seized constantly. Although it is unlikely that the new President will institute more business-friendly policies in the near-term, he will find it much harder to push forward new damaging policies.
Discussion Stats
- Views: 449
- Arguments: 4
- Replies: 1
Activity Feed
- Reply added by Marialexandra Garcia on Thu Mar 07, 2013
- Argument added by Steve Snyder on Wed Mar 06, 2013
- Argument added by Peter White on Tue Mar 05, 2013
- Argument added by Peter White on Tue Mar 05, 2013
- Argument added by Amanda Purcell on Tue Mar 05, 2013
- Discussion started by Peter White on Mar 05, 2013
Yes
Finally Venezuela will become more business friendly
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But we have don't have permission to:
Economically it can only go up
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But we have don't have permission to:
No
Chavez did a lot of good things for the poor
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But we have don't have permission to:
The country now has more uncertainty
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But we have don't have permission to: