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  • October 22, 2014
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Results 1 - 2 of 2 for venezuela

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  1. Business - Comment - MONITOR

    Chavez was a clown whose policies cost a ruinous price

    Posted Mar 07th 2013, 12:00am by Tom Holland

    ... to put on Ruritanian fancy dress. Few of his compatriots found Chavez so amusing, however. Venezuela is blessed with greater proven oil reserves than Saudi Arabia. But thanks to Chavez's ... doubled. As a result, despite surging international demand, under Chavez Venezuela's oil exports collapsed by more than a third. The effect on Venezuela's economy was devastating. Loose ...

  2. Business - Comment - MONITOR

    Currency warmongering as out of place as the real thing

    Posted Mar 08th 2013, 12:00am by Tom Holland

    ... Hugo Chavez's economic record yesterday by arguing that Venezuela's inflation rate is in line with those of other Latin American countries skimped on his homework. As the second chart shows, only the woefully mismanaged Argentinian economy even comes close to Venezuela for its rate of consumer price rises. Chile, which was at a comparable level of development to Venezuela when ...



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