Mr Chavez spent two years in prison before being granted a pardon. In
1997, he re-launched his party as the Movement of the Fifth Republic and
made the transition from soldier to politician. In 1998, riding a wave
of popular resentment at the traditional political elite, he caused a
seismic tremor in Venezuelan politics to win the presidency. Since then,
he won a series of elections and referendums, including one in 2009
that abolished term limits for all elected officials, including the
president. The foundation stone of Mr Chavez’s presidency was the Bolivarian
Revolution: his ambitious plan to turn Venezuela into a socialist state.
His sincere dedication to improve the miserable condition of the poor
people, traditionally ignored and marginalised by Latin American
politicians, made him a hero among a large sector of the population. As a
result of his policies, the percentage of Venezuelans living under the
poverty line declined from a peak of 62 per cent in 2003 to 29 per cent
in 2009, according to World Bank statistics. Between 2001 and 2007,
illiteracy fell from 7 per cent to 5 per cent.
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