Venezuela on the path of recovery?

[Sarmatian]

I can only name one that has used its own oil to improve its nation in a meaningful manner.

Interested to hear which one.

[Beskar]

Interested to hear which one.

Norway? I know they invested the money into a massive stockpile so they can finance themselves in the future. I believe they have roughly kr1,000,000 per citizen or so saved or something like that if I remember correctly.

[Papewaio]

Norway of course

[Husar]

I would generally agree, but on the other hand Norway is already developed enough to be able to afford spending that oil money on other things. It also has the benefit of oil + small population, so there is more oil money per citizen than in some larger countries like Venezuela.
Of course that does not excuse the lack of infrastructure and other developments in Venezuela, which could have been financed using the oil money. That does however seem to be a problem not entirely unique to Venezuela, infrastructure does not always seem to be at the top of mind in Colombia for example either. And I heard the roads in Dubai are a mess as well.
However, these other countries do not have empty shelves as far as I can tell. They've got to do something better.

[Sarmatian]

Norway of course

That's natural gas mostly, though, so I wasn't sure if you're talking about Norway.

Anyway, is there a comprehensive research on the state of the infrastructure in Venezuela, pre and after Chavez? I'm pretty sure there's a significant difference.

I know the line is Chavez ruined Venezuela, which is the narrative championed by US and supported by the western media agencies, but numbers paint quite a different picture. From the few sources I encountered, Venezuela has the largest and most developed highway network in the Latin America, electricity in more than 90% of households, and in general it is the most developed country in the Latin America.

[Husar]

I know the line is Chavez ruined Venezuela, which is the narrative championed by US and supported by the western media agencies, but numbers paint quite a different picture. From the few sources I encountered, Venezuela has the largest and most developed highway network in the Latin America, electricity in more than 90% of households, and in general it is the most developed country in the Latin America.

http://lpi.worldbank.org/international/global

I don't know about the development over time, but it is certainly not the most developed Latin American country.
On the overall logistics performance sore you will find Chile, Peru , the Dominican Republic, Panama and El Salvador before Venezuela if I didn't miss any during a cursory glance. The infrastructure score alone is also not really the highest as all the mentioned countries seem to have a better score in that department than Venezuela as well.
None of that does however change that the people can't buy sufficient things for their daily needs and that the capital city is one of if not the most dangerous city in the world.

[Montmorency]

That's natural gas mostly, though, so I wasn't sure if you're talking about Norway.

Anyway, is there a comprehensive research on the state of the infrastructure in Venezuela, pre and after Chavez? I'm pretty sure there's a significant difference.

I know the line is Chavez ruined Venezuela, which is the narrative championed by US and supported by the western media agencies, but numbers paint quite a different picture. From the few sources I encountered, Venezuela has the largest and most developed highway network in the Latin America, electricity in more than 90% of households, and in general it is the most developed country in the Latin America.

Your information is 20 years out of date. Shocking...

[Sarmatian]

Your information is 20 years out of date. Shocking...

Might be. I don't have in depth knowledge of Venezuela infrastructure or economy. Almost none, actually. I just opened the first few links google came up with.