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Free Market Reforms Needed to Fix Venezuela's Socialist Economic Problems


Free Market Reforms Needed to Fix Venezuela's Socialist Economic Problems
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In Venezuela, the laws of supply and demand are undermining the socialist revolution started by the late President Hugo Chavez. Since Mr. Chavez’s hand-picked successor Nicolas Maduro won the Venezuelan presidential election in April - by a margin of less than 2 percent - VOA’s Brian Padden reports that 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.

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