Venezuela's oil boom is for rich only
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A group of academics led by Luis Pedro España, a sociologist and researcher with the Andrés Bello Catholic University (UCAB), conducted a study about poverty in Venezuela which compares data from 1998-2008, and the result is not entirely positive.
In the study period, poverty declined from 56.33 percent to 48.14 percent of the total population, which equals to 10 million people. However, the households living in extreme poverty only decreased by 3 percent, and they account for “a little more than 3,000,000 Venezuelans,” said España during a forum organized by financial consulting firm Veneconomía to assess economic trends in Venezuela.
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No body is going to trust such cooked stories. Nationalization of Venezuela's oil sector has benefited the poor a lot. That's why they vote for him.
Was this study funded by USA? If it's so no body will raise a single question....Another attempt to defame the socialist Chavez.
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