Voice of America: Free Market Reforms Needed to Fix Venezuela's Socialist Economic Problems

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Free Market Reforms Needed to Fix Venezuela's Socialist Economic Problems May 22nd 2013, 21:35 In Venezuela, the laws of supply and demand are undermining the socialist revolution started by the late President Hugo Chavez.  Since Chavez's hand-picked successor Nicolas Maduro won the Venezuelan presidential election in April - by a margin of less than 2 percent - high inflation and a shortage of staple goods are now leading many on both sides of this politically-divided country to question whether its current economic course is sustainable. Recently, toilet paper has been in short ... Media files: 18F2C598-9697-46F7-B3E9-BBB47FE6483F_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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