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Country Specific Information: Venezuela

July 10, 2011 Comments off

Country Specific Information: Venezuela
Source: U.S. Department State

July 08, 2011

COUNTRY DESCRIPTION: Venezuela is a medium income country whose economy is dominated by a substantial oil industry. The political climate in Venezuela is highly polarized and volatile. Violent crime is a serious problem, and the capital city of Caracas has been cited as having one of the highest per capita homicide rates in the world. Kidnappings, assaults, and robberies occur throughout the country. Scheduled air service and all-weather roads connect major cities and most regions of the country. Venezuela’s tourism infrastructure varies in quality according to location and price. For an in depth country description of Venezuela, please read the Department of StateBackground Notes on Venezuela.

Categories: international relations, transportation and travel, U.S. Department of State, Venezuela

Socio-Economic Impact of Arms Transfers to Developing Countries

June 7, 2011 Comments off

Socio-Economic Impact of Arms Transfers to Developing Countries
Source: Social Science Research Network (Peace & Conflict Review)

In developing nations, importance placed upon defence spending comes at a social cost. This paper explores the link between developing nations’ arms imports and their impact upon socio-economic factors. The first part of this paper elaborates upon the problem of arms transfers to developing countries. The second part provides case studies of Colombia, Egypt, Eritrea, India, Iran, Namibia, Pakistan, Venezuela, and Vietnam. The comparative analysis demonstrates that arms imports have a negative impact upon developing nations. GDP per capita spent upon arms imports usually has the strongest impact upon socio-economic factors, though conflict status and regional stability are also influential.

Categories: business and economics, Colombia, Egypt, Eritrea, India, military and defense, Namibia, Pakistan, Social Science Research Network, trade, Venezuela, Vietnam

Country Analysis Brief: Venezuela

March 31, 2011 Comments off

Country Analysis Brief: Venezuela
Source: Energy Information Administration

Venezuela is one of the world’s largest exporters of crude oil and the largest in the Western Hemisphere. The oil sector is of central importance to the Venezuelan economy. As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player in the global oil market.
Map of Venezuela
Categories: energy, Energy Information Administration, Venezuela
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