Venezuela's Crisis
Venezuela, which emerged from the collapse of Gran Columbia in 1830, has been tainted with mostly benevolent military rulers. After the spread of free elections across Latin America in the last decades, recent events in places like Venezuela illustrate the fragile state of democracy in the region. Current issues for Venezuela to contend with include a troubled political state where President Hugo Chavez is losing support among the people, a divided military and overdependence on the petroleum industry with frequent price fluctuations and an unstable political or economic system to sustain the oil industry’s well-being. In October of 2002, workers staged a national strike to try to press Chavez to step down from power or call early elections as soon as possible. As a result of the opposition movement to try and outs Chavez from power, there have been a temporary halt in economic activity within Venezuela. In addition, there has been a trickle down affect to the rest of the world including the U.S. as reflected in higher oil prices especially since the two month oil strike which lasted from December 2002 to February 2003. Presently, there continue to be nationwide protests and clashes between Ch
Some topics in this essay:
Hugo Chavez, Business Association, Bolivarian Constitution, Salvador's FMLN, Latin America, Gran Columbia, Europe United, Venezuela Venezuela, world economy, political stability, global economy, world-systems analysis, President Hugo, president hugo, political economic, unstable political, president hugo chavez, hugo chavez,
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Approximate Word count = 810
Approximate Pages = 3 (250 words per page double spaced)
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