Colombia and Venezuela have long since attempted to develop diplomatic relations among the Bolivarian Republic of Venezuela and the Republic of Colombia. Diplomacy between both countries has been ongoing since the 16th century. However, Venezuela has made changes that countries like Colombia have steered clear from doing. Venezuela progresses towards anti-globalization whereas Colombia stands still. This essay is meant to highlight each country and how the people within both respective nations live, eat, dress, and the countries' economies and businesses.
Types of Employment
Venezuela's economy depends heavily on the export of oil. Its main industry is the oil industry with the proven biggest oil crude oil reserves in the world. Elected President Hugo Chavez, chosen via a populist platform in a 1998 election, consolidate state control over finances and the economy as well as nationalization of the country's electricity and telephone companies. Even though Chavez died and was succeeded by vice president Maduro, things have not looked up since Maduro's presidency began. "President Maduro's government has faced ongoing protests and civil unrest since the beginning of 2014. There are growing signs that Maduro's support in the region is dwindling, as neighboring countries have expressed concern about his government's response to the crisis, including the aggressive treatment of protesters" (Gutierrez, 2015).
Furthermore, the Central Bank of Venezuela, responsible for the development of monetary policy when it comes to the Venezuelan bolivar (the nation's currency), does nothing to strengthen and protect property rights. For instance, expropriation without reimbursement is not unusual. Eighty percent of the country's exports or approximately 1/3 of the nation's GDP comes from the petroleum sector. Employment for most of the country centers on the oil industry. Only 17% of jobs come from manufacturing. What the country manufactures are industry products like aluminum, steel, cement, electronic, foodstuffs, and automobiles. Agriculture only accounts for 3% of GDP and one-tenth the labor force. Food exports include corn, coffee, pork, and beef, among other exports.
Colombia, the opposite of Venezuela in terms of economy, has an agrarian economy. Although Colombia experienced rapid urbanization in the last century, almost a quarter or 22.7% of the labor force remain employed in agriculture. Over half or 58.5% of employment went to services and makes up 52.5% of GDP. Unlike Venezuela, which has experienced some instability when it comes to certain financial issues, Colombia's growth rate has experienced ongoing growth. In fact, it experienced the highest growth of 6.9% in 2007 making it the highest that year of any country in Latin America.
Many of the reasons why Colombia remained agrarian even with its rapid urbanization are the plethora of rich resources within the country. Its main exports, cotton, coffee, oils, and sugars make it so they require a labor force to meet the demands of export. Although the illegal cocaine drug trade has haunted Colombia, people have seen a change in policy and implementation of new ventures. In fact, Colombia has over 5,500 research groups in technology and science. A government body called iNNpulsa, promotes innovation and entrepreneurship within the country, by providing grants to startups, including other services it and organizations like Apps.co provide.
Neighborhood Change
Venezuela has several communities or neighborhoods that experience impoverished and isolated conditions. The Late Hugo Chavez implemented a national social welfare program called the "Mission inside the Neighborhood" to alleviate the poor conditions in some of the neighborhoods. Essentially the program seeks to offer comprehensive dental care, publicly funded health care, and sports training to those living in impoverished areas. Medical clinics have been built thanks to the program. Although some aspects of the program have been successful, some remain abandoned and forgotten with funds diverted to other things making the people of such neighborhood develop their own programs to alleviate their conditions. "Working families have come together to found community spaces and cooperative companies, coordinate social programs and renovate neighborhood houses, grounding their actions in principles of solidarity and collectivity." (Azzellini)
When it comes to the rich areas in Venezuela, politicians tend to live there. In fact, their homes are so big, some plantations or haciendas, house hundreds of workers with larger ones having 1,200 workers at a time. These regions are few compared to the majority of middle or impoverished zones.
Colombia has an extremely wide gap when it comes to the rich and the poor. In fact, the United Nations explains the economic gap between the rich and poor are the widest in Latin America. From 1990 to 2010, Colombia's inequality in urban centres...
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