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"Bolivarian" Means Less Economic Freedom

Created on June 30, 2010

"Bolivarian" Means Less Economic Freedom

Three Andean nations following Hugo Chavez’s “Bolivarian Alternative”—Bolivia, Ecuador, and Venezuela—have scored progressively worse in the Index of Economic Freedom, while three market-driven nations in the same region have seen their scores improve. 

Source: Terry Miller and Kim R. Holmes, 2010 Index of Economic Freedom (Washington, D.C.: The Heritage Foundation and Dow Jones & Company, Inc., 2010), Appendix: Index of Economic Scores 1995–2010.

Market-Friendly, Democratic Policies “Bolivarian” Policies Chart 1 • HL 1157 heritage.org Peru Colombia Chile Venezuela Ecuador Bolivia 2010 2005 2000 1995 2010 2005 2000 1995 2010 2005 2000 1995 2010 2005 2000 1995 2010 2005 2000 1995 2010 2005 2000 1995