What Newsweek Left Out of the Zogby Story: Part II
The economic questions are fascinating. (See the previous post for links to the raw numbers)
> The question of whether a country’s economy is expected to sink or swim is broken down into a 5-point scale. Newsweek reports that the Peruvians were the most optimistic, which is true, if you add the “improve greatly” and “improve somewhat.” They score a remarkable 95.1%, followed by Brazilians (89.0%) and Venezuelans (85.0%) Hell, even those stoic Chileans gave it a go with 75.6%. Mexico trailed with 69.4%
> But if you are looking for super-optimists, you’ve got to go with the Venezuelans. Their “improve greatly” numbers kicked butt at 60.0%. Distant runners up here were the Peruvians (33.8%) and the Colombians (23.6%). Mexico drew up the rear with 11.2%
Taxes, the Courts & Foreign Investment
> When asked to rate their country’s performance in tax reform targeted to encouraging foreign investment, Venezuelan elites are way more pleased than their neighbors. A full 43.8% Venezuelan view tax reforms as “good” or “very good,” far ahead of runners-up Peru (31.3%) and Colombia (28.8%). Brazil and, predictably, Mexico, trailed with 22.0% scores. Keep in mind, recent tax reforms mean the elites are actually paying their taxes for a change in Venezuela
> When asked to rate government performance on “reforming taxes to facilitate distribution/marketing foreign goods,” the escualidos again lead the happy-pack. Almost half (47%) say “good” or “very good,” while everyone else hovers around a quarter, ranging from 28.0% among Chileans down to 21.3% with Colombians.
> With the question of “reforming the legal system to facilitate foreign investment,” It’s Venezuela on top again, with 41.4% approval, followed by Colombia (37.5%) and Argentina at the end (27.1%)
The good times are rolling in the Venezuelan import/export biz. Brought to you by those who know.