Venezuela’s woes bring Latin America poverty reduction to a halt

[Bacchus4.0]

http://www.humanosphere.org/world-politics/2015/01/venezuelas-woes-brings-latin-america-poverty-reduction-halt/#prettyPhoto

After years of substantial improvements in Latin America’s poverty rates, a new report shows that since 2012 rates have stalled and that the number of people living in extreme poverty has increased.

About 28 percent of the people in the region live in poverty, totaling about 167 million people. Nearly half of those people live in extreme poverty, with the extreme poverty rate rising 0.4 percentage points to 11.7 percent in 2013.

“The recovery from the international financial crisis was not taken advantage of sufficiently to strengthen social protection policies that reduce vulnerability from economic cycles,” said Alicia Barcena, the head of Santiago-based U.N. Economic Commission for Latin America and the Caribbean, or ECLAC.

The report, published by ECLAC, did have some bright spots. Poverty declined in the majority of the 12 countries with data available. Paraguay is the stand-out of the group with its poverty rate falling from 49.6 percent in 2011 to 40.7 percent in 2013. Other notable gains were seen in El Salvador, Colombia, Peru and Chile. Other countries showed marginal improvements, but it is in Venezuela where poverty jumped between 2012 and 2013.

[Scrabbleddie]

1. Why the repetitive posts?

Has Venezuela hurt your feelings?
BTW, ECLAC's parent ECOSOC meets with ministers of the World Bank
and the IMF.
Perhaps they're leading this massive RW propaganda machine against VZ.?
The article quotes an extremely biased, jailed, anti-democratic, coup plotter.
Fail.
Again.

[Bacchus4.0]

2. so you think everything is wonderful in Venezuela? Wasn't this the government that was supposed

to be the model for the region and the world?