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| | Project Syndicate - Print Commentary |
 | | Instead of being an asset, oil has become a liability that generates poverty, corruption, ethnic conflict, and ecological disaster. |
 | | Venezuela’s President Hugo Chávez, for example, is using his country’s oil revenues to provide free literacy training and health care, to help alleviate the debts of his Argentinean and Ecuadorian neighbors, to forge energy alliances in Latin America and the Caribbean, and to propose a strategic rapprochement with the Andean countries. |
 | | He has revived pan-Americanism, and Venezuela has become a member of Mercosur, the regional grouping whose other members include Argentina, Brazil, Chile, Uruguay, and Paraguay. |
| www.project-syndicate.org /print_commentary/mbaye6/English (793 words) |
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