they were only in the mid 40% to a high in 1998 with merely 52% voter turnout (IDEA, 2015). Consequently, it is not a completely fair democracy.
Current President Nicolas Maduro took office after the passing of President Hugo Chávez in 2013. With a six year term ahead of him, he will likely have much more competition at the next campaign as opponents who are brave enough will have time to prepare a campaign against him. In fact, according to Rosales (2006), “in a vast area containing 100 states or provinces in federal countries, several countries, including Brazil, Mexico, Argentina and Republic Bolivarian de Venezuela, have adopted a federal system with at least two levels of sub-national government” (p.167).
Former president Hugo
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The Challenge with Venezuela One of the main challenges with contemplating a new business in Venezuela is the current government scheme and the presidents apparent dislike for America. Nicolas Maduro has visions of creating a socialistic society for Venezuela, which former president Hugo Chávez fostered all throughout his presidency. Nicolas Maduro has also publicly ridiculed the United States for meddling in its affairs. Nicolas Maduro appears to have a great fear of being ousted by force, accusing the United States of attempting to overthrow him. In fact, Otis (2015) indicated that “as the U.S. prepares to reopen its embassy in communist Cuba, relations with oil-rich Venezuela are crumbling. President Nicolas Maduro accuses the U.S. of plotting a coup against him, and is expelling most U.S. diplomats from Venezuela” (para. 1). It is curious that he rants negativity, but then does not threaten sanctions against the United States. Consequently, the United States is the largest importer of its oil; thereby making it a vital ally of its dwindling economy. The adage, “don’t bite the hand that feeds you” comes to mind; the United States just might cut off ties with him if this banter continues. The fact that
They also assisted and gave financial support to a group of people who were part of the coup who tried to overthrow Hugo Chavez just because he did not share the same democratic view as the United States. The United States army invaded Venezuela and kidnapped Hugo Chavez and replaced him with Someone who shared the same views. Unfortunately for the United States, that did not last long. Forty-two hours after being kidnapped and replaced by Pedro Carmona, Hugo Chavez was returned to power. The United States interfered, but there was no way for them to predict that the loyal followers of Chavez who believed in him and what he was doing for his people would rebel and fight for his
The “Bolivarian revolution” revolves around the rise of the leftest movement which started with Hugo Chavez, and soon many other leaders rose to the occasion. The sole purpose of this movement was to help Latin America get rid of dictators and reestablish under Simon Bolivar's ideals of making Latin America not a colony but a nation for the people residing in it. Now that Chavez is dead, I believe that he was able to complete Bolivar's conquest of freeing Latin America. Now that Chavez has passed away, he has left both good and bad implications, but I believe its more good than bad. “The real opposition to Chavez is from the United States which was so angry at the way that he built up a credible alternative to the U.S. idea of free trade with
When Hugo Chavez emerged as an iconic figure against anti-imperialism he was supported by Evo Morales (Bolivia), Lula da Silva (Brazil), Cristina Kirchner (Argentina), Rafael Correa (Ecuador), Raul Castro (Cuba). The reason why these leftist political leaders supported Chavez because of the intentions Chavez had to get people out of poverty and make Venezuela a rich Latin Nation. Another reason towards why Chavez was supported was because he demonstrated that the U.S. was not needed in order to prosper. Due to this, Chavez main opponent became the United States specially under the control of President George W. Bush. Since Chavez was becoming more popular in Latin America and was being aided by Cuba, the United States felt threatened and got
Since the Europeans first entered the Americas in the sixteenth century, indigenous groups have struggled to reclaim political and economic power from the Europeans and their descendants. With the exception of Peru and Bolivia, many countries feature a percentage of less than ten percent purely indigenous people, thus making circumstances unfavorable to create a political voice forceful enough to allow these native groups the political prowess they need (World Development Index). Even in countries with a large percentage of indigenous people, the rise to political power can be a slow process. However, in 2005, Bolivia elected their first president to office from native descent. As the United Nations assesses the perverse situations within indigenous rises to political power, a pristine case to evaluate would be that of Bolivia. With the election of Evo Morales, Bolivia began their empowerment of the indigenous population and encountered difficulties in providing necessities such as education and economic assistance to bridge the gap in social and economic separations of opportunity between the native and non-native populations.
cultures" - Cesar Chavez. Chavez has a point, one that we should all take into consideration and
With magnanimous sincerity, San Martin offered to place himself and his soldiers under Bolivar's command if he would send the full Colombian army to drive the Spanish out of Peru. Unfortunately for the patriot cause, Bolivar apparently regarded San Martin as a rival and an antagonist rather than as a comrade-in-arms, an obstacle to be removed before his own fame and glory were compromised by sharing them with another. Bolivar refused the incredibly selfless offer, saying that his "delicacy would not allow him to command San Martin," and that "the Colombian Congress would not permit him to leave Colombia to pursue the war in Peru." San Martin also indicated in an interview that he “San Martin, a keen reader of men, immediately perceived the arrogance and raw ambition that lay behind the mask of courtly civility and empty excuses. Years later, in 1840, while living in voluntary exile in France, the general confided his candid assessment of Bolivar's character to a visitor, Captain Lafond de Lurcy of the French navy:
Our mission as organisation is to make aware american voters how Donald Trump relates to the former Venezuelan president Hugo Chavez in many aspects. The organisation is composed, in its majority, of Venezuelans that now live in the U.S. This members of our organisation suffered the consequences of having Hugo Chavez as their
Voting equality means that when it is time that a decision on policy be made, each member must have an equal and effective opportunity to vote on a policy, with all votes being considered equal. Along with effective participation, voting equality is essential in constituting a democracy. For voting to be effective and equal, not only do citizens have to have reasonable access to voting locations, but they must also physically turn up and vote, something that does not always happen in practise. For instance, in the 2012 Presidential Election, 123,714,407 eligible citizens voted compared to 131,142,144 votes cast in the 2008 election (McDonald, 2012). That means there was a decrease in voter turnout of 3.4 percentage points from 2008 (61.6%) to 2012 (58.2%) (Andrews et al., 2012), prompting questions as to why 7,427,737 less voters participated. When a mere 58% of your country’s population chooses not to vote in the
Venezuela 's proven oil reserves are among the top ten in the world. Oil generates about 80 percent of the country’s total export revenue, contributes about half of the central government’s income, and is responsible for about one-third of the country’s gross domestic product (GDP). Increases in world oil prices in recent years have allowed Venezuelan President Hugo Chavez to expand social program spending, bolster commercial ties with other countries, and boost his own international profile. Though Chavez has threatened to stop exporting Venezuelan oil and refined petroleum products to the United States, its biggest oil-trading partner, experts say a significant short-term shift in oil relations between Venezuela and
Venezuela is a federal presidential constitutional republic - this means that Venezuela has multiple states that are controlled by a central government, elects a president,
Venezuela's state-run oil company, PDVSA, tumbled months behind around shipments of fuel under oil-for-loan bargains for China and Russia. Those deferred shipments got political partners in a bad feeling. Now Venezuela is $55 billion dollars in credit for their missing shipments. Now they are giving new knowledge under PDVSA's operational disappointments and also their handicapping sway on the country's unravellings communist economy. In view, oil accounts is the main revenue to the Venezuela's economy. PDVSA's emergency extends to the citizens torment through triple-digit inflation and food shortages reminiscent of the winding down days of the Soviet Union. Those late cargoes to state-run Chinese and Russian organizations are more nearly 750 million, as stated by a Reuters examination of the PDVSA documents. In conclusion, at the end of January, PDVSA was late on about 10 million barrels of fuel.
With an economy dominated by the production of oil, Venezuela has enjoyed the highest standard of living in Latin America. In spite of its success in the oil industry, agriculture and manufacturing also play important roles in Venezuela’s economy. With this in mind, it would seem as though Venezuela’s economic state has flourished. Rather, it has suffered from the effects of political influence, corruption, and poor economic management. The distribution of wealth across Venezuela has caused the elite to benefit at the cost of the working people. This is mainly due to the economic and political structure of the country. Even with the plentiful resources Venezuela possesses, it is constantly being threatened by political instability,
The oil-rich Bolivarian Republic of Venezuela, located on the northern coast of South America, was for many decades considered among the wealthiest nations in the entire continent. While having the largest proven oil reserves in the world has often proved a tremendous boon for Venezuela, the very black gold that has been the cause of its success has also proven to repeatedly be its kryptonite. Over half of the nation’s Gross Domestic Product stems from petroleum exports – which equates to approximately 95% of total exports. It is really not too hard to imagine what drastic consequences shifts in global oil prices could have on the economy.
Venezuela has the world’s largest oil reserves and by 1960, it became the wealthiest country in Latin America. Petróleos de Venezuela (PDVSA), the state owned company, was the key to economic and social development in Venezuela under president Hugo Chavez. His government was settled in an environment where the oil prices were rising and the economy was booming, so he was able fund social programs and practices that were popular to the poor masses. This wealthy and growing Venezuela made Chavez to be very popular and his regime very powerful. Oil revenue accounted for nearly 90% of exports, more than 50% of government revenue, and 35% of country’s GDP.
The main purpose of the following report is to provide information about the profile of The Bolivarian Republican of Venezuela; in order to study the current situation of the country for further investigations in the future that may help to understand the opportunities and risk involve in importing and opening new markets in Venezuela.