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Venezuela
Searching for car hire is never much fun. That is why
at CarHire4Lower.com we want to make you search for
car hire for Venezuela as easier as possible. There
are a number of car rental suppliers around the Venezuela
area and we search the best ones for convenience, price
and quality.
We search companies including Advantage, Alamo, Enterprise,
Dollar, Sixt, Eurocar, Budget, Thrifty, National and
many more looking for the best deal for you for when
you arrive in Venezuela. Choose Car Rental options on
size and manufacturer and pay in your own currency.
So whether you’re visiting Venezuela for business or
pleasure, make it a good start by hiring a car with
us. CarHire4Lower.com
Venezuela was one of three countries that emerged from
the collapse of Gran Colombia in 1830 (the others being
Ecuador and New Granada, which became Colombia). For most
of the first half of the 20th century, Venezuela was ruled
by generally benevolent military strongmen, who promoted
the oil industry and allowed for some social reforms.
Democratically elected governments have held sway since
1959. Hugo CHAVEZ, president since 1999, seeks to implement
his "21st Century Socialism," which purports
to alleviate social ills while at the same time attacking
globalization and undermining regional stability. Current
concerns include: a weakening of democratic institutions,
political polarization, a politicized military, drug-related
violence along the Colombian border, increasing internal
drug consumption, overdependence on the petroleum industry
with its price fluctuations, and irresponsible mining
operations that are endangering the rain forest and indigenous
peoples.
Venezuela remains highly dependent on oil revenues, which
account for roughly 90% of export earnings, about 50%
of the federal budget revenues, and around 30% of GDP.
A nationwide strike between December 2002 and February
2003 had far-reaching economic consequences - real GDP
declined by around 9% in 2002 and 8% in 2003 - but economic
output since then has recovered strongly. Fueled by high
oil prices, record government spending helped to boost
GDP by about 9% in 2006, 8% in 2007, and nearly 6% in
2008. This spending, combined with recent minimum wage
hikes and improved access to domestic credit, has created
a consumption boom but has come at the cost of higher
inflation - roughly 20% in 2007 and more than 30% in 2008.
Imports also have jumped significantly. Declining oil
prices in the latter part of 2008 are expected to undermine
the govenment's ability to continue the high rate of spending.
President Hugo CHAVEZ in 2008 continued efforts to increase
the government's contol of the economy by nationalizing
firms in the cement and steel sectors. In 2007 he nationalized
firms in the petroleum, communications, and electricity
sectors. In July 2008, CHAVEZ implemented by decree a
number of laws that further consolidate and centralize
authority over the economy through his plan for "21st
Century Socialism."
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