[p2p-research] how the policies of bolivie (and venezuela) are resulting in record growth

[Ryan Lanham]

On 1/6/10, Michel Bauwens <michelsub2004 at gmail.com> wrote:
>
> Bolivia Stands Up for Common Wealth
> http://www.onthecommons.org/content.php?id=2610
>
> Evo Morales's bold bet against privatization pays off. Posted by David
> Bollier <http://www.onthecommons.org/profile.php?user_id=6>


Things in Bolivia are no doubt improving.  It is a natural resource story.
I am happy they are redistributing a large part of the wealth.  Maybe Angola
will follow their lead.

With regard to Venezuela, the picture is pretty weak to bleak:

http://www.latin-focus.com/latinfocus/countries/venezuela/venezuela.htm

I must admit it is not as bad as I thought, but in conventional economic
terms, Venezuela is very week and real consumption and growth across the
economy (and these are fair measures) has been very flat and/or declining.
The good news is that unemployment is down sharply.  Inflation is growing
fast and production is falling.  It is starting to look like a planned
economy...stable employment, bad response to allocation and pricing.
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