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Message: The economy depends on a political turn
The economy depends on a political turn
Sunday, 10 of October of 2010

The economist White Adolph, professor of postgraduate of the UCAB and Metropolitan Universidad, considers that to register a fort political change in the country, “the future of the private company it will be reduced.

∙María Ramirez Hair
mramirez@correodelcaroni.com

Many public companies agonize, as their own workers recognize. In this same scene, the private industry looks for to find breathing routes, in front of a Government who threatens expropriating and sanctioning to this initiative.

“to follow the destruction systematic of the economy, the concept of deprived company as so it will disappear of the map”, assured the educational one postgraduate of the Catholic University Beautiful Andres, campus Guayana and Caracas, and of the Metropolitan University, White Adolph, who responded to Mail of the Caroní his impressions around national economic dynamics.

In the first semester of 2010, the Gross Internal Product was contracted 3.5%, being the mining the sector with the greater crease (15.2%); followed of the commerce and services of repair (9.0%).

A worrisome data is the reduction of the investment. In agreement with the Central bank of Venezuela, the gross formation of fixed capital backs down from the 2008. In the first trimester of 2010 23.8% fell whereas in the second trimester 0.8% were contained and descended.

According to the economist, to improve the performance of the economy happens to make specific structural changes in the political scope.

- Every time more to the productive sector surrounds. In this scene, which is the future of the private company?

- to follow the systematic destruction of the economy like government policy, the future of the private company it will be reduced to a handful of prepared companies to follow to him making the game the regime and obtain in return some utility, but the concept of deprived company as so it disappears of the map.

- The President of the Republic closes the doors to the dialogue with enterprise organisms like Fedecámaras, it is healthy for the economic performance?

- He is absolutely harmful and he fits within the governmental policy to erase of the map to the deprived sector of the economy being left that puñadito of companies indicated above put under him to be able to continue saying to the world that the regime respects the private company. Something similar to which he has managed to do with mass media.

- How he sees the situation of the farming sector and the industry at the moment?

- I see black It. Especially the one of the farming sector that already is almost missing. With respect to the industry, its disappearance is in march for months when it abrió a fort fights against the Polar Group which gets worse at the moment with the taking of the Ice cream facilities EFE. To destroy and to take control of the Polar Group are the immediate objective of the regime. This objective compares in the communicational sector with the destruction and empowering of RCTV.

- Which must be the mechanism to impel to these sectors?

- More than to impel to these sectors one is due to speak, at the moment, of a mechanism so that they continue existing and the best one of all is the one that is carrying out the Polar Group of not responding to the regime but continuing working against all odds.

- From the National Assembly, what must be made to contribute to the reactivation of the economy?

- The new National Assembly must draw up to a program of substitution and/or reformulation of the effective laws trying to amend. In any case he is very early to touch the subject because first that there is to do it is to see if it gets to settle.

- The foreign investment has decreased as a result of the political and economic instability, how to revert this tendency?

- Generating confidence but it will not be possible until a new political situation in the country is satisfied.

- How to give back the confidence to him to the Venezuelan around the economy of the country? What instruments can impel the consumption?

- The unique form possible to give back the confidence and to impel the consumption is changing of government and recommencing again. Personally I have total confidence in which this can happen more early than behind schedule because the hunger and the hartura with the regime are taking much root in the needed social classes more.

Inflation with magnifying glass

The inflation in which it goes of 2010 locates in 21,2%, consequently could close the year between a 28% and 30%.

President of Federation of Cameras and Asociaciones of Production and Commerce (Fedecámaras), Noel Alvarez, considers that the indicator will be located around 35%; whereas 45.20% of the affiliates to the National Council of Comercio and the Services (Consecomercio) consider an inflation to the closing of year from 30.1% to 35%, considerably superior to registered the previous year.

In the 2009, the prices raised 25.1%, in agreement with the data of the Central bank of Venezuela.

Recently, the president of the National Institute of Estadísticas (INE), Elías Eljuri, assured that the inflation will not be over 20% in 2011.

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