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March 23, 2018

Venezuela
Demonstrators rally against Venezuela's President Nicolas Maduro in Caracas, Venezuela. Venezuela in Crisis

President Nicolas Maduro’s efforts to consolidate power amid a deepening economic and humanitarian crisis have drawn widespread international condemnation.

April 27, 2018

Venezuela
Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Manuel Quevedo attends the event launching the new Venezuelan cryptocurrency "Petro" in Caracas, Venezuela February 20, 2018. Why Oil Sanctions Against Venezuela No Longer Make Sense

This post is co-written by David R. Mares, the Institute of the Americas chair for Inter-American Affairs and professor for political science at the University of California San Diego and the Baker I…

March 5, 2018

Energy and Climate Policy
The Suezmax sized oil tanker Karvounis lies at anchor stranded off the coast of Louisiana for lack of a bank letter of credit to discharge its cargo of Venezuelan heavy crude, south of Port Fourchon, Louisiana, U.S. August 17, 2017. OPEC’s Venezuela Dilemma and U.S. Energy Policy

As senior officials from the Organization of Petroleum Exporting Countries (OPEC) gather in Houston for the international industry gathering CERA Week, they will be listening carefully to speeches by…

December 17, 2009

Brazil
2009.12.16.VEN Venezuela’s Risk Unhinged

The credit risk of oil exporting countries such as Venezuela and Russia tends to move with the price of oil. As a country’s oil export revenue improves, so does its ability to pay its debts. Recent…

October 11, 2011

Human Rights
Venezuela’s Presidential Race Venezuela’s Presidential Race

Members of Venezuela's militia and supporters of Venezuela's President Chavez attend a ceremony in Caracas (Jorge Silva/Courtesy Reuters). Today, chances are Hugo Chávez will face off agai…

July 26, 2017

Venezuela
A demonstrator during a rally against President Nicolas Maduro’s government in Caracas, Venezuela. Can Venezuela Resurrect Its Economy?

President Nicolas Maduro has neither the desire nor the capacity to institute the market reforms and debt restructuring needed to revive Venezuela’s sinking economy, says economist Ricardo Hausmann.

November 28, 2007

Politics and Government
Voting in Venezuela

This Sunday Venezuelans will vote on a referendum comprising 69 changes to the existing Constitution. Many of these push the country further toward Chavez’s 21st Century Socialism, expanding pensions…

July 7, 2016

Trade
Venezuela's President Nicolas Maduro stands in front of an image depicting the country's late President Hugo Chavez during a meeting with members of Venezuela's United Socialist Party (PSUV) in Caracas Venezuela’s Woes Reach Mercosur

Mercosur is under considerable internal strain. As at other times in the trade bloc’s history, shifting political winds and changing trade priorities have placed the member countries at loggerheads. …

May 5, 2017

Venezuela
The Crisis in Venezuela

Experts discuss the ongoing political and economic upheaval in Venezuela, including how policies implemented over the past fifteen years are shaping the current crisis. SPEAKERSJulia Buxton, Senior …

May 1, 2017

Venezuela
Venezuela's Chavez Era

Hugo Chávez assumed Venezuela's presidency in 1999 on a populist platform. But critics say three terms under his "socialist revolution" have made the country increasingly resemble an authoritarian st…