The articles states, "Rigid currency controls and a shortage of US dollars make it increasingly difficult for Venezuelans to find imported basic products such as milk, flour, toilet paper and cooking oil."
What do you think? Will this work?
Sunday, April 6, 2014
Venezuela tackles food shortage with ID card system
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This may work, depending what kind of incentives are offered. For example, if the discounts are all for a food that most people do not eat, people will not want to get the new ID system, making this idea nearly pointless. If it is for something that people really need, however, people will immediately adopt this new idea.
ReplyDeleteAnother thing to consider is that will the discounts and raffles outweigh the illegal selling of groceries. If the only people to adopt the system are those who already obey the law, then this new system will actually hurt the Venezuelan economy.
It seems a logical system. But I just wonder how many will sign up(as it is voluntary). Also non registered voters wont be able to buy from state run supermarkets. But are supermarkets the main means to buy these consumer items?
ReplyDeleteThe fact that the country is even at this point is a testament to the failures of the national government. From hearing about developments in the news, the Venezuelan government seems to be making all kinds of elementary policy mistakes which is causing harm to its citizens. With the inherent inefficiencies of government I think if the country took its hands off of many parts of the economy, the overall well-being in Venezuela would improve drastically.
ReplyDeleteI think there is still a black market and seller and buyer maight do black-market. I don't know the cost to introducing the system.However the government can do anything before introducing such improvisational policy.
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