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Old 03-18-2010, 08:10 PM
 
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However, unlike some of the other left-wing leaders in the region, such as Presidents Evo Morales, Hugo Chavez and Rafael Correa, who are set on improving social conditions through the forced redistribution of wealth, Mujica is taking a page of the Lula handbook by focusing on more investment and economic growth. Instead of taking measures to alienate foreign capital, Uruguay, like Brazil, is taking steps to attract investment.

Latin Business Chronicle
Looks like Latin Americans are finding president Lula's handling of Brazil's economy to be a better example for how to bring about economic growth.
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Old 03-19-2010, 06:27 AM
 
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Yeah but Hugo's great for laughs. He just keeps giving and giving and it doesn't cost us anything.
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Old 03-19-2010, 06:34 AM
 
Location: Londonderry, NH
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Lula is willing to tolerate or prefers sharply divided society with a very large underclass and very few elites served by a small cadre of middle class professionals. Chavez, like many of us, finds that to be an abomination and works to raise the underclass to middle class status while heavily restricting the over classes’ political power. This is the way to a society with real "Liberty and Justice for all."
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Old 03-19-2010, 10:53 AM
 
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Originally Posted by GregW View Post
Chavez, like many of us, finds that to be an abomination and works to raise the underclass to middle class status
But how he's doing this doesn't seem to be working well. Chavez's price controls are causing problems with food shortages.

BBC NEWS | Business | Venezuelan shoppers face food shortages
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Old 03-19-2010, 10:55 AM
 
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Originally Posted by Motion View Post
But how he's doing this doesn't seem to be working well. Chavez's price controls are causing problems with food shortages.
Not to mention inflation is through the roof, it's ravaging the savings of regular middle class people.
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Old 03-19-2010, 11:35 AM
 
18,130 posts, read 25,291,852 times
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Quote:
Originally Posted by Motion View Post
Looks like Latin Americans are finding president Lula's handling of Brazil's economy to be a better example for how to bring about economic growth.
Foreign investment in Venezuela:

:: Embassy of Venezuela in the United States ::

BBC NEWS | Americas | Iran backs Venezuela car factory

ABN / Venezuela and Italy sign agreement to build railway stretch Cua-La Encrucijada (http://www.abn.info.ve/noticia.php?articulo=116061&lee=8 - broken link)

BBC NEWS | Technology | Venezuela splashes out on laptops

Chavez launches $15 mobile phone with a name to make his mother blush | World news | guardian.co.uk

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Old 03-19-2010, 11:39 AM
 
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I wouldn't include Morales in with Chavez. They may share many interest but they are two vastly different leaders grappling with vastly different issues.
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Old 03-23-2010, 10:15 PM
 
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But how he's doing this doesn't seem to be working well. Chavez's price controls are causing problems with food shortages.
Quote:
Not to mention inflation is through the roof, it's ravaging the savings of regular middle class people
But under Chavez even more people can live miserably by spreading the poverty.

Typical "worker's paradise".
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Old 04-05-2010, 09:16 PM
 
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Peru has adopted similar economic policies.



YouTube - Peru Nurtures Growth Amid Global Economic Uncertainty
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Old 04-06-2010, 10:56 AM
 
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^
How do you think countries like Peru can best reduce poverty? I think there should be a bigger focus on education and job training especailly among the poorer populations. Like was pointed out there are jobs there but not enough Peruvians are educated and trained to take advantage of these jobs. This approach could reduce those in poverty while reducing the need to overly raise taxes to fund huge expanded welfare programs.
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