Ruminations of an Expatriate

This Associate Press report, I think, provides an accurate explanation of why Latin Americans are voting for leaders who reject the Wash. D.C./World Bank/International Monetary Fund “neo-liberal” economic model which has resulted in unmanageable national debt and stagnant economic growth throughout Latin America.

It seems that Hugo Chavez has done in ten years what Castro has been unable to do in 45 years. Chavez has provided an economic model that emphasizes improving the lot of the poor while sustaining robust economic growth. While it is true that Chavez has the advantage of an oil rich economy, the non-oil sectors of the Venezuelan economy have enjoyed robust growth in recent years as well.

Share, Bookmark, or Email This Post if You Wish

Close Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments Connotea del.icio.us

Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com Furl Google

Hugg Jamespot Jeqq Kaboodle kirtsy linkaGoGo LinksMarker Ma.gnolia Mister Wong Mixx MySpace MyWeb Netvouz

Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy Slashdot Sphere Sphinn

Spurl Squidoo StumbleUpon Technorati ThisNext Twitter Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »