Venezuela Before Ch Vez

At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine systematically the impact of a wide range of factors affecting the economy’s collapse, from the cost of labor regulation and the development of financial markets to the weakening of democratic governance and the politics of decisions about industrial policy. Aside from the editors, the contributors are Omar Bello, Adriana Bermúdez, Matías Braun, Javier Corrales, Jonathan Di John, Rafael Di Tella, Javier Donna, Samuel Freije, Dan Levy, Robert MacCulloch, Osmel Manzano, Francisco Monaldi, María Antonia Moreno, Daniel Ortega, Michael Penfold, José Pineda, Lant Pritchett, Cameron A. Shelton, and Dean Yang.

In August 2004, the Venezuelan public came out in record numbers to deliver an overwhelming vote of confidence. After many attempts to unseat him, Hugo Chåvez, the former military man who took the country first by coup and then by ballot, again emerged as the people’s choice. It was, in his words, "a victory for the people of Venezuela." Yet despite Chåvez’s successes, having defended his post in six referenda, two elections and against one failed coup, Venezuela—one of the world’s largest oil exporting countries—is a nation deeply divided. The power struggle between the country’s first indigenous head of state and his detractors expresses a larger conflict gripping the region. In The Battle of Venezuela, Guardian reporter Michael McCaughan captures the drama of challenges to Chåvez’s presidency in the courts and on the streets of Caracas. In this detailed analysis of the political forces at work, McCaughan documents the role of the country’s powerful and shrinking middle class, the effects of Chåvez’s social programs for his mainly poor constituents, and the rise of the social movement whose members proclaim themselves "Chåvistas."

The radical alteration of the political landscape in Venezuela following the electoral triumph of the controversial Hugo Chavez calls for a fresh look at the country s institutions and policies. In response, this title offers a revisionist view of Venezuela's recent political history and a fresh appraisal of the Chavez administration.

Describes the leadership of Venezuela's elected president, Hugo Chávez, and his efforts to transform his country and paints a picture of his life based on interviews with ministers, aides, courtiers, and everyday citizens.

"Each day the peoples of Latin America and the Caribbean will be increasiongly convinced that there is no other road but revolution. For us there is no other road but revolution." (Hugo Chavez)A revolutionary process is unfolding in Venezuela, part of a continental rebellion unparalleled since the 1960s and '70s. Bourgeois power is being challenged by the emergence of a counter-power of the working classes. The reforms of the Chavez government have re-ignited the class struggle after years of defeat and decay of the left. This is not a simple replay of the Salvador Allende government in Chile 30 years ago. The Venezuelan army is deeply divided and within it there is a revolutionary current of officers and soldiers. Chavez himself has radicalised and fallen back not on the institutions of bourgeois democracy but the revolutionary power of the working masses.Internationally the left has become all too accustomed to analysing defeat and unfamiliar with the measure of a revolution. The development of the Venezuelan class struggle is an important opportunity to re-acquaint ourselves with the real-world development of class consciousness and the tactical complexities of a life-and-death struggle for power.This publication is only a condensed introduction to the evolution of the struggle and its key challenges but we hope that it might inspire others to study the Venezuelan revolution and draw from it the inspiration now feeding rebellion across Latin America.

Named Foreign Affairs Best Books of 2022 and the National Endowment for Democracy Notable Books of 2022 "Richly reported...a thorough and important history." -Tim Padgett, The New York Times A nuanced and deeply-reported account of the collapse of Venezuela, and what it could mean for the rest of the world. Today, Venezuela is a country of perpetual crisis—a country of rolling blackouts, nearly worthless currency, uncertain supply of water and food, and extreme poverty. In the same land where oil—the largest reserve in the world—sits so close to the surface that it bubbles from the ground, where gold and other mineral resources are abundant, and where the government spends billions of dollars on public works projects that go abandoned, the supermarket shelves are bare and the hospitals have no medicine. Twenty percent of the population has fled, creating the largest refugee exodus in the world, rivaling only war-torn Syria’s crisis. Venezuela’s collapse affects all of Latin America, as well as the United States and the international community. Republicans like to point to Venezuela as the perfect example of the emptiness of socialism, but it is a better model for something else: the destructive potential of charismatic populist leadership. The ascent of Hugo Chávez was a precursor to the emergence of strongmen that can now be seen all over the world, and the success of the corrupt economy he presided over only lasted while oil sold for more than $100 a barrel. Chávez’s regime and policies, which have been reinforced under Nicolás Maduro, squandered abundant resources and ultimately bankrupted the country. Things Are Never So Bad That They Can’t Get Worse is a fluid combination of journalism, memoir, and history that chronicles Venezuela’s tragic journey from petro-riches to poverty. Author William Neuman witnessed it all firsthand while living in Caracas and serving as the New York Times Andes Region Bureau Chief. His book paints a clear-eyed, riveting, and highly personal portrait of the crisis unfolding in real time, with all of its tropical surrealism, extremes of wealth and suffering, and gripping drama. It is also a heartfelt reflection of the country’s great beauty and vibrancy—and the energy, passion, and humor of its people, even under the most challenging circumstances.

Before 1989, US scholars emphasized Venezuela's status as an exceptional Latin American nation. Most importantly, it served as an ideal model for US policy in Latin America. All this changed in the mass unrest during the week of February 27, 1989. This book explores the changing attitudes about Venezuela and it's role in the rest of the world.

"This new and expanded edition of Dragon in the Tropics—the widely acclaimed account of how president Hugo Chávez (1999–2013) revamped Venezuela’s political economy—examines the electoral decline of Chavismo after Chavez’s death and the policies adopted by his successor, Nicolás Maduro, to cope with the economic chaos inherited from previous radical populist policies. Corrales and Penfold argue that Maduro has had to struggle with the inherent contradictions of a large and heterogeneous social coalition, a declining oil sector, the strength of entrenched military interests, and fewer resources to appease international allies, which have strenghtened the autocratic features of an already consolidated hybrid regime. In examining the new political realities of Venezuela, the authors offer lessons on the dynamics of succession in hybrid regimes. This book is a must-read for scholars and analysts of Latin America. "