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Debate: Should Hugo Chávez focus on the private sector more than social spending?

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Hugo Chávez should focus on private sector more than on social spendings.

Contents

Background and Context of Debate:

Despite the high prices on oil, the economy of Venezuela has recently slowed down. Prices on food are increasing, the cost of feeding a family of five rose by 2.4% in May and stands some 60% higher than the minimum wage. The inflation is also on increase – the inflation rate climbed above 3% a month late last year. Many people believe that it's high time Hugo Chávez did something to overcome the ongoing crisis. This debate asks whether Hugo Chávez and the Venezuelan government could reduce the impact of this crises by focusing on the development of private industries.

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Yes

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No

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Yes

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No

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Yes

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No

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