Difference between revisions 62470596 and 64323915 on enwiki

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Hugo Chávez/Sandbox
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'''Current Version'''

Venezuela is a major producer of oil products, which remain the keystone of the Venezuelan economy. Chávez has gained a reputation as a price hawk in [[Organization of the Petroleum Exporting Countries|OPEC]], pushing for stringent enforcement of production quotas and higher target oil prices.  At a June 2006 meeting, Venezuela was the only OPEC country calling for lowered production to drive oil prices higher. Industry analysts say Venezuela (contracted; show full)


'''Proposed Version'''

Economic policy under Chavez is evolving and difficult to categorize.  Neither following the socialist path of Cuba nor the capitalist path of Mexico or Chile, it seeks to strike a balance.{{fact}} It borrows from other international experience, with Keynsian fiscal and monetary policy.{{fact}} Enterprenuership is promoted but is of a social co-operative 
variety, borrowing from the Basque community.{{fact}}and co-management variety <ref>''Pearson, Natalie Obiko''. (''Associated Press'' 16 July 2006). [http://www.azstarnet.com/allheadlines/137981  Venezuela tries '21st-century socialism'] Retrieved 16 July 2006 </ref> Government direct investment follows neither import substitution nor a globalization path, seeking instead to meet internal, regional, and lastly global south demand.{{fact}} Private investment is encouraged, but not at the expense of other priorities such as oil control and land redistribution.{{fact}} Most of the initiatives are at the mercy of high budget costs, forcing the government to expand its two pillars of traditional income (what are the two pillars?).  Tax collection has been revamped, leading (contracted; show full)

Critics state that unemployment levels have not dropped enough, considering the massive oil windfall, and that the job creation may not be permanent.  Some social scientists mistrust the government's reported poverty figures, based on contradictory statistics and definitions, and some economists report insufficient economic growth and continued repression of the economy.

==Notes==
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