Economy / Venezuela
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Venezuela: '21st Century Socialism' Does Not Bode Well
January 2007 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Venezuelan President Hugo Chávez this week unveiled the outlines of his so-called '21st Century Socialism'. In our view, this agenda is a very negative development for foreign investors in Venezuela, and confirms our long-held concerns about the direction of the country's economy and political institutions.
