Economics vis-Ã -vis Politics of Venezuela under the Chavez Regime, 1998-2012

Ramesh Chandra Dasa and Soumyananda Dinda ()
Additional contact information
Ramesh Chandra Dasa: Department of Economics, Katwa College, West Bengal, India

International Journal of Research in Business and Social Science (2147-4478), 2013, vol. 2, issue 3, 41-53

Abstract: In today’s world most of the countries are following the market rule to determine their economic determinants with some to follow the mixed role of the government. There are a very few countries or states that are following the socialistic nature of development. One such country is Venezuela which has a long history of socialism and the degree of socialism got magnified under the regime of Hugo Chavez. The last election result in favour of Chavez has put some questions before the economists and politicians regarding its grounds. The present study has been framed in line with examining whether the role of economic factors have done the trick for Chavez to regain the presidential power. The study for the period of 1998-2010 has observed that the country has suffered in major economic factors compared to two Latin heroes Brazil and Argentina, albeit he has won the election. The study further observed that there are certain political grounds that played role for the favourable verdict

Keywords: Growth; Inflation; Unemployment; Interest; Debt Ratio; FDI inflow; Life Expectancy; Governance; NED Grants (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/228/225 (application/pdf)
http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/228 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rbs:ijbrss:v:2:y:2013:i:3:p:41-53

Access Statistics for this article

International Journal of Research in Business and Social Science (2147-4478) is currently edited by Prof.Dr.Umit Hacioglu

More articles in International Journal of Research in Business and Social Science (2147-4478) from Center for the Strategic Studies in Business and Finance Editorial Office,Baris Mah. Enver Adakan Cd. No: 5/8, Beylikduzu, Istanbul, Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Umit Hacioglu ().