Chavez claims he is spending 10% of GDP on education in his speeches, it is half of that, but as you can see in the graph he has increased the % of GDP spent on education in an important way. However, as the previous graph showed the money has had little impact in the number of people registered in school, another sign of an inefficient administration. 
The Devil's Excrement
Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
-
Unknown Feed- An error has occurred; the feed is probably down. Try again later.
Blogroll
-
The Devil's Excrement 
Leave a Reply