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piercehawkeye45 · 06-29-2007, 07:25 PM

Poverty and unemployment levels in Venezuela are extremely hard to base since they are very dependant on oil since Venezuela is an oil-based economy.

All numbers relating to poverty and unemployment levels in Venezuela follow this pattern. Other oil based countries such as Argentina tend to follow the same patterns as well.

Another reason for the sudden increase in poverty in 2002 was the coup and oil strike. Besides that sudden increase, the poverty levels have steadily dropped throughout his whole time in office.

The only real concern with the stats of poverty levels are claims that the INE changed its method of measurement but there is no evidence to support that and you can search that for yourself.

Sources:
Three papers on Venezuela’s economy:
Anti-Chavez:
http://www.vcrisis.com/index.php?con...s/200510200708

Pro-Chavez:
http://www.rethinkvenezuela.com/downloads/ceprpov.htm
http://oilwars.blogspot.com/2005/10/...cceeds_27.html

Argentina's Economy: (scholarly source)
http://wbln0018.worldbank.org/lac/lacinfoclient.nsf/d29684951174975c85256735007fef12/3d29a0ed02294a8b85256db10058dbdd/$FILE/ArgentinaPABP1.pdf

The above link doesn't show up so go here and click the fifth link down. It should say "Argentina’s crisis and its impact on household welfare".

06-29-2007, 07:25 PM	#35
piercehawkeye45 Franklin Pierce Join Date: Oct 2006 Location: Minnesota Posts: 3,695	Poverty and unemployment levels in Venezuela are extremely hard to base since they are very dependant on oil since Venezuela is an oil-based economy. All numbers relating to poverty and unemployment levels in Venezuela follow this pattern. Other oil based countries such as Argentina tend to follow the same patterns as well. Another reason for the sudden increase in poverty in 2002 was the coup and oil strike. Besides that sudden increase, the poverty levels have steadily dropped throughout his whole time in office. The only real concern with the stats of poverty levels are claims that the INE changed its method of measurement but there is no evidence to support that and you can search that for yourself. Sources: Three papers on Venezuela’s economy: Anti-Chavez: http://www.vcrisis.com/index.php?con...s/200510200708 Pro-Chavez: http://www.rethinkvenezuela.com/downloads/ceprpov.htm http://oilwars.blogspot.com/2005/10/...cceeds_27.html Argentina's Economy: (scholarly source) http://wbln0018.worldbank.org/lac/lacinfoclient.nsf/d29684951174975c85256735007fef12/3d29a0ed02294a8b85256db10058dbdd/$FILE/ArgentinaPABP1.pdf The above link doesn't show up so go here and click the fifth link down. It should say "Argentina’s crisis and its impact on household welfare".