Interview: On Drugs, Debt and Poverty: Venezuela's CARLOS ANDRES PEREZ

Venezuela's CARLOS ANDRES PEREZ sees the Third World as a revolution in the making unless richer nations come to the rescue

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A. I think so. That tremendous social explosion came about because of the dammed-up frustration of the past eight years, the decline in living standards. Now, this year, in Venezuela we're going to have a dramatic drop, almost 10%, in our gross national product as a result of our adjustment measures. If we don't straighten out this situation, if we don't have the resources to confront this violent decline, the social situation will reach intolerable extremes. And it's not just us; all the countries of Latin America are suffering.

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