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When measured solely by income levels, some 96 percent of the population lives in poverty, a figure unmatched elsewhere in the region and comparable to poor African countries like Nigeria or Chad, the ENCOVI survey found. “There is no wealth to distribute,” said Pedro Luis Espana, a UCAB sociologist who contributed to the study. “The rise in poverty in Venezuela does not have to do with inequality. The problem has been the abrupt fall in economic output.” Full Text-> Aljazeera
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