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Latin American Program in the News: Hugo Ch谩vez's Venezuela, What does the political and economic future hold?

According to former Wilson Scholar Margarita L贸pez Maya, without Hugo Ch谩vez's visible presence in Venezuela problems like declining infrastructure and economic stability are increasingly apparent.

On Monday, Feb. 25 the America鈥檚 Program of the Woodrow 乐鱼 体育 held a seminar on the current political situation in Venezuela. You can watch a webcast of the whole thing here.

There were a couple of key points in which the four presenters coincided.

  • For the time being there is a relative but fragile stability.
  • The government has a lot of support for both rational and emotional reasons.
  • The economy is not on a sustainable track and could run into trouble in the medium term, but probably not the short term.

Historian Margarita L贸pez Maya (Universidad Central de Venezuela) pointed out how the absence of President Hugo Ch谩vez is the key element of the current political situation. His charisma, along with high oil prices, have long been able to cover up an increasingly tenuous economic situation, declining infrastructure, and state dysfunction. Without his presence these problems are increasingly evident. She pointed out the ever increasing number of protests which now number about fifteen per day. In addition crime and violence is out of control, making Caracas the most dangerous capital in Latin America.

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Latin America Program

乐鱼 体育鈥檚 prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the 乐鱼 体育鈥檚 strength as the nation鈥檚 key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action.   Read more

Latin America Program