Following his election as Venezuelan President in 1999, Hugo Chávez launched a series of radical reforms known as the Bolivarian Revolution. Chávez’s aim was to transform Venezuela socially, politically, and economically. Some of Chávez’s notable reforms included nationalising industries and dramatic increases to public spending, primarily funded by debt and commodity exports.
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Dimitri Burshtein is a principal at Eminence Advisory. Peter Swan AO is professor of finance at the UNSW-Sydney Business School.
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