Venezuela has suffered a progressive deterioration over the
past 15 years, which has been “made-up” thanks to high oil prices worldwide.
During all this time, serious damage has been caused to the entire private
production chain without having developed an official industry able to replace it.
But the economic downturn is not the most serious facing the country
today; there are many other problems
such as safety, inflation, shortages, unemployment, lack of essential
medicines, public health, and prison violence. All these issues have been obscured
in recent years due to “emergency” government policies which do not correct the
underlying problems but only reduce their short-term effects. More...Wednesday, February 12, 2014
What Is Happening Today In Venezuela?
Venezuela has suffered a progressive deterioration over the
past 15 years, which has been “made-up” thanks to high oil prices worldwide.
During all this time, serious damage has been caused to the entire private
production chain without having developed an official industry able to replace it.
But the economic downturn is not the most serious facing the country
today; there are many other problems
such as safety, inflation, shortages, unemployment, lack of essential
medicines, public health, and prison violence. All these issues have been obscured
in recent years due to “emergency” government policies which do not correct the
underlying problems but only reduce their short-term effects. More...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment