Hugo Chávez, worst socialist ever?
How's that Bolívarian revolution going? Not so good, The Economist reports: Thanks to economic growth and social programmes, the government claims that only 30% of Venezuelan families now live in poverty, down from 55% at the peak in 2003. But according to a new report by the central bank, income inequality has widened slightly under ...
How's that Bolívarian revolution going? Not so good, The Economist reports:
How's that Bolívarian revolution going? Not so good, The Economist reports:
Thanks to economic growth and social programmes, the government claims that only 30% of Venezuelan families now live in poverty, down from 55% at the peak in 2003. But according to a new report by the central bank, income inequality has widened slightly under Mr Chávez: the Gini coefficient—a statistical measure of inequality—has gone from 0.44 in 2000 to 0.48 in 2005.
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