Tag: change

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Venezuela’s Banana Socialism: From a Revolution to a Corrupted Oligarchy

In the last 25 years, Venezuela has walked the path from a democratic to an authoritarian state. Having been one of the richest countries in Latin America in 1998, Venezuela is now among the poorest countries in the region with 95.5% of its population below the poverty line. Can the new reforms save the Venezuelan economy and alleviate the… [Read more]