Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction
This report draws on limited, available data to analyze selected economic, and social issues, which include better understanding of poverty, and inequality in relation to real income, and, improving the allocation of social expenditures, while incr...
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| Format: | Pre-2003 Economic or Sector Report |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/03/1089480/venezuela-investing-human-capital-growth-prosperity-poverty-reduction http://hdl.handle.net/10986/15702 |
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okr-10986-15702 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ECONOMIC & SECTOR WORK ECONOMIC GROWTH HUMAN CAPITAL POVERTY REDUCTION INCOME DISTRIBUTION SOCIAL IMPLICATIONS EXPENDITURE ANALYSIS SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL ECONOMIC INDICATORS OIL PRODUCING COUNTRIES OIL PRICES AGRICULTURAL PRODUCTIVITY MANUFACTURING DEVELOPMENT EXPORT DIVERSIFICATION CURRENCY CONVERTIBILITY COMPETITIVENESS LABOR PRODUCTIVITY UNEMPLOYMENT POVERTY INCIDENCE INEQUITY HUMAN RESOURCES DEVELOPMENT SOCIAL DEVELOPMENT EDUCATION SECTOR HEALTH CARE PLANNING CRIME DETERRENCE VIOLENCE EDUCATIONAL REFORMS CURRICULUM DEVELOPMENT QUALITY OF EDUCATION EDUCATIONAL FINANCING ALLOCATION OF RESOURCES HEALTH PROGRAMS PRIVATE SECTOR PARTICIPATION INSTITUTIONAL CAPACITY ACCIDENTS ACCOUNTABILITY ANNUAL RATE AVAILABLE DATA CANCER CAPACITY BUILDING CAPITA GROWTH CARDIOVASCULAR DISEASES CITIZEN COMPREHENSIVE ASSESSMENT CORRUPTION CRIME DIRECT IMPACT ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC MEMORANDUM ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC SHOCKS EDUCATION LEVEL EDUCATION PROGRAMS EDUCATIONAL ATTAINMENT ELASTICITIES EXCHANGE RATE EXPENDITURES EXTREME POVERTY FAMILIES FINANCIAL CRISES FINANCING MECHANISMS FORMAL LABOR MARKET GIRLS GOVERNMENT EXPENDITURES HEALTH INDICATORS HEALTH INTERVENTIONS HEALTH SECTOR HEALTH SERVICE HEALTH SERVICES HEALTH STATUS HIGH UNEMPLOYMENT HOSPITALS HOUSEHOLD SURVEY HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HYGIENE IMMUNODEFICIENCY INCOME INCOME GROWTH INEQUALITY INFLATION INFORMAL SECTOR INJURIES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL STANDARDS LABOR FORCE LABOR FORCE SURVEY LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LIVING STANDARDS LIVING STANDARDS MEASUREMENT LOW INCOME MALARIA MIGRANTS MINIMUM WAGES MORTALITY NURSES NURSING NUTRITION OIL OIL PRICES OIL SECTOR OPEC OVERALL EXPENDITURE PER CAPITA INCOME PHYSICIANS POLICY DECISIONS POLICY DIALOGUE POLICY MAKERS POLICY MEASURES POLICY RESPONSE POLITICAL INSTABILITY POOR PERFORMANCE POVERTY ASSESSMENT POVERTY INDICATORS POVERTY LINE POVERTY LINES POVERTY MONITORING POVERTY REDUCTION PRIMARY EDUCATION PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER PURCHASING POWER PARITY QUALITY OF LIFE REAL TERMS REAL WAGES RESOURCE ALLOCATION RESOURCE USE RULE OF LAW SAFETY SAFETY NET SCHOOL SYSTEM SERVICE DELIVERY SERVICE SECTOR SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL EXCLUSION SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL ISSUES SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL SECTORS SOCIAL SECURITY SOCIAL SERVICES STATISTICAL DATA TIME FRAME TRANSACTION COSTS UNEMPLOYMENT URBAN POPULATIONS URBAN RESIDENTS VICTIMS VIOLENCE VULNERABLE GROUPS WAGE INCOME WORKERS YOUNG PEOPLE YOUTH YOUTH UNEMPLOYMENT |
| spellingShingle |
ECONOMIC & SECTOR WORK ECONOMIC GROWTH HUMAN CAPITAL POVERTY REDUCTION INCOME DISTRIBUTION SOCIAL IMPLICATIONS EXPENDITURE ANALYSIS SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL ECONOMIC INDICATORS OIL PRODUCING COUNTRIES OIL PRICES AGRICULTURAL PRODUCTIVITY MANUFACTURING DEVELOPMENT EXPORT DIVERSIFICATION CURRENCY CONVERTIBILITY COMPETITIVENESS LABOR PRODUCTIVITY UNEMPLOYMENT POVERTY INCIDENCE INEQUITY HUMAN RESOURCES DEVELOPMENT SOCIAL DEVELOPMENT EDUCATION SECTOR HEALTH CARE PLANNING CRIME DETERRENCE VIOLENCE EDUCATIONAL REFORMS CURRICULUM DEVELOPMENT QUALITY OF EDUCATION EDUCATIONAL FINANCING ALLOCATION OF RESOURCES HEALTH PROGRAMS PRIVATE SECTOR PARTICIPATION INSTITUTIONAL CAPACITY ACCIDENTS ACCOUNTABILITY ANNUAL RATE AVAILABLE DATA CANCER CAPACITY BUILDING CAPITA GROWTH CARDIOVASCULAR DISEASES CITIZEN COMPREHENSIVE ASSESSMENT CORRUPTION CRIME DIRECT IMPACT ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC MEMORANDUM ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC SHOCKS EDUCATION LEVEL EDUCATION PROGRAMS EDUCATIONAL ATTAINMENT ELASTICITIES EXCHANGE RATE EXPENDITURES EXTREME POVERTY FAMILIES FINANCIAL CRISES FINANCING MECHANISMS FORMAL LABOR MARKET GIRLS GOVERNMENT EXPENDITURES HEALTH INDICATORS HEALTH INTERVENTIONS HEALTH SECTOR HEALTH SERVICE HEALTH SERVICES HEALTH STATUS HIGH UNEMPLOYMENT HOSPITALS HOUSEHOLD SURVEY HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HYGIENE IMMUNODEFICIENCY INCOME INCOME GROWTH INEQUALITY INFLATION INFORMAL SECTOR INJURIES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL STANDARDS LABOR FORCE LABOR FORCE SURVEY LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LIVING STANDARDS LIVING STANDARDS MEASUREMENT LOW INCOME MALARIA MIGRANTS MINIMUM WAGES MORTALITY NURSES NURSING NUTRITION OIL OIL PRICES OIL SECTOR OPEC OVERALL EXPENDITURE PER CAPITA INCOME PHYSICIANS POLICY DECISIONS POLICY DIALOGUE POLICY MAKERS POLICY MEASURES POLICY RESPONSE POLITICAL INSTABILITY POOR PERFORMANCE POVERTY ASSESSMENT POVERTY INDICATORS POVERTY LINE POVERTY LINES POVERTY MONITORING POVERTY REDUCTION PRIMARY EDUCATION PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER PURCHASING POWER PARITY QUALITY OF LIFE REAL TERMS REAL WAGES RESOURCE ALLOCATION RESOURCE USE RULE OF LAW SAFETY SAFETY NET SCHOOL SYSTEM SERVICE DELIVERY SERVICE SECTOR SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL EXCLUSION SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL ISSUES SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL SECTORS SOCIAL SECURITY SOCIAL SERVICES STATISTICAL DATA TIME FRAME TRANSACTION COSTS UNEMPLOYMENT URBAN POPULATIONS URBAN RESIDENTS VICTIMS VIOLENCE VULNERABLE GROUPS WAGE INCOME WORKERS YOUNG PEOPLE YOUTH YOUTH UNEMPLOYMENT World Bank Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| geographic_facet |
Latin America & Caribbean Venezuela, Republica Bolivariana de |
| description |
This report draws on limited, available
data to analyze selected economic, and social issues, which
include better understanding of poverty, and inequality in
relation to real income, and, improving the allocation of
social expenditures, while increasing the effectiveness of
social programs. The deterioration of social, and human
capital should be prevented, by simultaneously promoting its
accumulation. The report reviews the dismal economic
performance of the country over the last decade, where the
inability of policymakers to cope with the oil cycles, and
prices decline prevails. Moreover, the country's
dependence on the oil sector has deepened, while the share
of agriculture, and manufacturing decreased, aggravated by
the lack of export diversification, and the negative impact
of the overvalued domestic currency on external
competitiveness. Not surprisingly, labor productivity also
decreased, reflecting a low real economic growth, which
results in higher unemployment, poverty and inequality
increases. The needed acceleration of human, and social
capital development focuses on education, health, and the
decline of crime and violence, suggesting continued
implementation of primary education reforms, through the
development of new curriculum, improved quality of basic
education, and educational financing. Health recommendations
include efficient resource allocation, prioritization of
high-impact programs, and expanded private participation,
and institutional development. |
| format |
Economic & Sector Work :: Pre-2003 Economic or Sector Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| title_short |
Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| title_full |
Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| title_fullStr |
Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| title_full_unstemmed |
Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction |
| title_sort |
bolivarian republic of venezuela : investing in human capital for growth, prosperity, and poverty reduction |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2001/03/1089480/venezuela-investing-human-capital-growth-prosperity-poverty-reduction http://hdl.handle.net/10986/15702 |
| _version_ |
1764426490871545856 |
| spelling |
okr-10986-157022021-04-23T14:03:13Z Bolivarian Republic of Venezuela : Investing in Human Capital for Growth, Prosperity, and Poverty Reduction World Bank ECONOMIC & SECTOR WORK ECONOMIC GROWTH HUMAN CAPITAL POVERTY REDUCTION INCOME DISTRIBUTION SOCIAL IMPLICATIONS EXPENDITURE ANALYSIS SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL ECONOMIC INDICATORS OIL PRODUCING COUNTRIES OIL PRICES AGRICULTURAL PRODUCTIVITY MANUFACTURING DEVELOPMENT EXPORT DIVERSIFICATION CURRENCY CONVERTIBILITY COMPETITIVENESS LABOR PRODUCTIVITY UNEMPLOYMENT POVERTY INCIDENCE INEQUITY HUMAN RESOURCES DEVELOPMENT SOCIAL DEVELOPMENT EDUCATION SECTOR HEALTH CARE PLANNING CRIME DETERRENCE VIOLENCE EDUCATIONAL REFORMS CURRICULUM DEVELOPMENT QUALITY OF EDUCATION EDUCATIONAL FINANCING ALLOCATION OF RESOURCES HEALTH PROGRAMS PRIVATE SECTOR PARTICIPATION INSTITUTIONAL CAPACITY ACCIDENTS ACCOUNTABILITY ANNUAL RATE AVAILABLE DATA CANCER CAPACITY BUILDING CAPITA GROWTH CARDIOVASCULAR DISEASES CITIZEN COMPREHENSIVE ASSESSMENT CORRUPTION CRIME DIRECT IMPACT ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC MEMORANDUM ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC SHOCKS EDUCATION LEVEL EDUCATION PROGRAMS EDUCATIONAL ATTAINMENT ELASTICITIES EXCHANGE RATE EXPENDITURES EXTREME POVERTY FAMILIES FINANCIAL CRISES FINANCING MECHANISMS FORMAL LABOR MARKET GIRLS GOVERNMENT EXPENDITURES HEALTH INDICATORS HEALTH INTERVENTIONS HEALTH SECTOR HEALTH SERVICE HEALTH SERVICES HEALTH STATUS HIGH UNEMPLOYMENT HOSPITALS HOUSEHOLD SURVEY HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HYGIENE IMMUNODEFICIENCY INCOME INCOME GROWTH INEQUALITY INFLATION INFORMAL SECTOR INJURIES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL STANDARDS LABOR FORCE LABOR FORCE SURVEY LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LIVING STANDARDS LIVING STANDARDS MEASUREMENT LOW INCOME MALARIA MIGRANTS MINIMUM WAGES MORTALITY NURSES NURSING NUTRITION OIL OIL PRICES OIL SECTOR OPEC OVERALL EXPENDITURE PER CAPITA INCOME PHYSICIANS POLICY DECISIONS POLICY DIALOGUE POLICY MAKERS POLICY MEASURES POLICY RESPONSE POLITICAL INSTABILITY POOR PERFORMANCE POVERTY ASSESSMENT POVERTY INDICATORS POVERTY LINE POVERTY LINES POVERTY MONITORING POVERTY REDUCTION PRIMARY EDUCATION PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER PURCHASING POWER PARITY QUALITY OF LIFE REAL TERMS REAL WAGES RESOURCE ALLOCATION RESOURCE USE RULE OF LAW SAFETY SAFETY NET SCHOOL SYSTEM SERVICE DELIVERY SERVICE SECTOR SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL CAPITAL SOCIAL DEVELOPMENT SOCIAL EXCLUSION SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL ISSUES SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL SECTORS SOCIAL SECURITY SOCIAL SERVICES STATISTICAL DATA TIME FRAME TRANSACTION COSTS UNEMPLOYMENT URBAN POPULATIONS URBAN RESIDENTS VICTIMS VIOLENCE VULNERABLE GROUPS WAGE INCOME WORKERS YOUNG PEOPLE YOUTH YOUTH UNEMPLOYMENT This report draws on limited, available data to analyze selected economic, and social issues, which include better understanding of poverty, and inequality in relation to real income, and, improving the allocation of social expenditures, while increasing the effectiveness of social programs. The deterioration of social, and human capital should be prevented, by simultaneously promoting its accumulation. The report reviews the dismal economic performance of the country over the last decade, where the inability of policymakers to cope with the oil cycles, and prices decline prevails. Moreover, the country's dependence on the oil sector has deepened, while the share of agriculture, and manufacturing decreased, aggravated by the lack of export diversification, and the negative impact of the overvalued domestic currency on external competitiveness. Not surprisingly, labor productivity also decreased, reflecting a low real economic growth, which results in higher unemployment, poverty and inequality increases. The needed acceleration of human, and social capital development focuses on education, health, and the decline of crime and violence, suggesting continued implementation of primary education reforms, through the development of new curriculum, improved quality of basic education, and educational financing. Health recommendations include efficient resource allocation, prioritization of high-impact programs, and expanded private participation, and institutional development. 2013-09-09T18:42:36Z 2013-09-09T18:42:36Z 2001-03-30 http://documents.worldbank.org/curated/en/2001/03/1089480/venezuela-investing-human-capital-growth-prosperity-poverty-reduction http://hdl.handle.net/10986/15702 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Pre-2003 Economic or Sector Report Economic & Sector Work Latin America & Caribbean Venezuela, Republica Bolivariana de |