Sunday, May 28, 2006

Poverty Rates In Venezuela: Getting The Numbers Right

Over the past year, the statement that poverty in Venezuela has increased under the government of President Hugo Chávez has appeared in scores of major newspapers, on major television and radio programs. These statements have only rarely been contested or corrected. A careful analysis of Venezuela's poverty rate, though, shows a decline during the Chávez presidency.

Mark Weisbrot, Luis Sandoval, David Rosnick - CEPR